es

English

Español

Português

Français

Deutsch

Italiano

Русский

中文(简体)

한국어

日本語

Tiếng Việt

עברית

العربية

Popular Word Problems >

Bonnie is saving up money to buy a car. Bonnie puts 10,000.00 into an account which earns 9% interest, compounded annually. How much will she have in the account after 9 years?

Solución

B o nni e i s s a v in g u p m o n ey t o b u y a c a r . B o nni e p u t s 10, 000.00 in t o an a cco u n t w hi c h e a r n s 9% in t eres t, co m p o u n d e d ann u a ll y . Ho w m u c h w i ll s h e ha v e in t h e a cco u n t a f t er 9 ye a rs ?

Solución

Amount : 21718.93

Pasos de solución

Translate the problem into an equation:

A = 10000 (1 + \frac{0.09}{1})^{1 \cdot 9}

10000 (1 + \frac{0.09}{1})^{1 \cdot 9} = 21718.93279 \dots

Redondear al más cercano hundredth:

21718.93

Amount : 21718.93

Ejemplos populares

Find the future value and interest earned if 8704.56 is invested for 7 years at 6% compounded continuously 20 is 25% of what number?Use the general equation.sam has three apple and sarah has 12 apples.how many apples do they have altogether?John places 5,000 into a mutual fund that is paying 8% annual interest. The interest is being compounded quarterly. How much money will be in the account in 5 years?the sum of a number and seventeen is no less than 26