es

English

Español

Português

Français

Deutsch

Italiano

Русский

中文(简体)

한국어

日本語

Tiếng Việt

עברית

العربية

Popular Word Problems >

Jackson invested 802,274 in a bond at a yearly rate of 6.75%. He earned 1,596,649 in interest. How long was the money invested? Round to the nearest whole year.

Solución

J a c k so n in v es t e d 802, 274 in a b o n d a t a ye a r l y r a t e o f 6.75%. He e a r n e d 1, 596, 649 in in t eres t . Ho w l o n g w a s t h e m o n ey in v es t e d ? R o u n d t o t h e n e a res t w h o l e ye a r .

Solución

Time : 29.48

Pasos de solución

Translate the problem into an equation:

1596649 = 802274 \cdot 0.0675 t

Resolver para

t, 1596649 = 802274 \cdot 0.0675 t : t = 29.48

Time : 29.48

Ejemplos populares

jamie is twice as old as lindy. in three years, the sum of their ages will be 64. how old are they now?April wants to borrow 300 from her father and is willing to pay 15 in interest. Her father wants to charge an interest rate of 6%. How long can April keep the money?7100 dollars is placed in an account with an annual interest rate of 7.75%. How much will be in the account after 30 years, to the nearest cent? Write Exponential Function Jaden opened a savings account and deposited 500.00. The account earns 1% interest, compounded continuously. If he wants to use the money to buy a new bicycle in 1 year, how much will he be able to spend on the bike?Sam and Cara deposit 500.00 into a savings account which earns 12% interest compounded monthly. They want to use the money in the account to go on a trip in 3 years. How much will they be able to spend?