ar

English

Español

Português

Français

Deutsch

Italiano

Русский

中文(简体)

한국어

日本語

Tiếng Việt

עברית

العربية

شائع Word Problems >

Paul puts 532.00 into an account to use for school expenses. The account earns 11% interest, compounded monthly. How much will be in the account after 7 years?

الحلّ

P a u l p u t s 532.00 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 11% in t eres t, co m p o u n d e d m o n t h 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 7 ye a rs ?

الحلّ

Amount : 1144.97

خطوات الحلّ

Translate the problem into an equation:

A = 532 (1 + \frac{0.11}{12})^{12 \cdot 7}

532 (1 + \frac{0.11}{12})^{12 \cdot 7} = 1144.97232 \dots

Round to the nearest hundredth:

1144.97

Amount : 1144.97

أمثلة شائعة

45 less than twice a number The sum of a number times 7 and 19 is at most 21 One number is 7 less than another. Their sum is 75 . Find the numbers.nine minus half a number The sum of three numbers is 19. The sum of twice the first number, 3 times the second number, and 4 times the third number is 59. The:difterence between 6 times the first number and the second number is 31 . Find the three numbers.:first number: