he

English

Español

Português

Français

Deutsch

Italiano

Русский

中文(简体)

한국어

日本語

Tiếng Việt

עברית

العربية

פּוֹפּוּלָרִי Word Problems >

Shelby puts 200.00 into an account to use for school expenses. The account earns 12% interest, compounded quarterly. How much will be in the account after 6 years?

פתרון

S h e l b y p u t s 200.00 in t o an a cco u n t t o u se f or sc h oo l e x p e n ses . T h e a cco u n t e a r n s 12% 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 w i ll b e in t h e a cco u n t a f t er 6 ye a rs ?

פתרון

Amount : 406.56

צעדי פתרון

Translate the problem into an equation:

A = 200 (1 + \frac{0.12}{4})^{4 \cdot 6}

200 (1 + \frac{0.12}{4})^{4 \cdot 6} = 406.55882 \dots

Round to the nearest hundredth:

406.56

Amount : 406.56

דוגמאות פופולריות

find the area of a circle with a circumference of 26pi feet Find the cost of 290 suit which has been discounted by 30%Joseph has a loyalty card good for a 9% discount at his local grocery store. What would his total in dollars and cents be, after the discount and before tax, if the total cost of all the items he wants to buy is 37?Nasim invests money in an account paying a simple interest of 1.3% per year. If he invests 70 and no money will be added or removed from the investment, how much will he have in one year, in dollars and cents?an item is regularly priced at 57. brian bought it at a discount of 60% off the regular price how much did brian pay