es

English

Español

Português

Français

Deutsch

Italiano

Русский

中文(简体)

한국어

日本語

Tiếng Việt

עברית

العربية

Popular Word Problems >

Brody opened a savings account and deposited 300.00 as principal. The account earns 13% interest, compounded quarterly. How much interest will he earn after 4 years?

Solución

B ro d y o p e n e d a s a v in g s a cco u n t an d d e p os i t e d 300.00 a s p r in c i p a l . T h e a cco u n t e a r n s 13% in t eres t, co m p o u n d e d q u a r t er l y . Ho w m u c h in t eres t w i ll h e e a r n a f t er 4 ye a rs ?

Solución

Interest : 200.45

Pasos de solución

Translate the problem into an equation:

500.45175 \dots = 300 + I

Resolver para

I, 500.45175 \dots = 300 + I : I = 200.45

Interest : 200.45

Ejemplos populares

The diagonal of a square is 10sqrt(2). What is the length of each side of the square?Nine more than the product of a number and 2 is equal to 4.Madison invests money in an account paying a simple interest of 3.2% per year. If she invests 160 and no money will be added or removed from the investment, how much will she have in one year, in dollars and cents?Chase bought a trampoline priced at 182.50. Shipping and handling cost an additional 30% of the price. What was the total cost of the trampoline, including shipping and handling?Khalil puts 300.00 into an account to use for school expenses. The account earns 10% interest, compounded monthly. How much will be in the account after 10 years?