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인기 있는 Word Problems >

Aiden has 6,000 in an account. The interest rate is 5% compounded annually.To the nearest cent, how much will he have in 5 years?

해법

A i d e n ha s 6, 000 in an a cco u n t . T h e in t eres t r a t e i s 5% co m p o u n d e d ann u a ll y . T o t h e n e a res t ce n t, h o w m u c h w i ll h e ha v e in 5 ye a rs ?

해법

Amount : 7657.69

솔루션 단계

Translate the problem into an equation:

A = 6000 (1 + \frac{0.05}{1})^{1 \cdot 5}

6000 (1 + \frac{0.05}{1})^{1 \cdot 5} = 7657.689375

가장 가까운 hundredth 으로 반올림:

7657.69

Amount : 7657.69

인기 있는 예

the sum of 2 numbers is 50. Three times the first number is two times the second number. write and equation Seven more than the product of four and a number If you invest 2000 at 6% interest compounded semi-annually, how much will be in the account after 5 years?The sum of eight times a number, and 6 , is equal to seven times the number.:Write the above sentence as an equation.the sum of two numbers is 45. The larger number is 4 times the smaller number. find the two numbers