Solution
Find the final amount of money in an account if 9, 100 is deposited at 3% interest compounded weekly and the money is left for 6 years.
Solution
Solution steps
Translate the problem into an equation:
Round to the nearest hundredth:
Popular Examples
A number decreased by 15 is equal to the number times −5.one less than three times a numberPat is 20 years older than his son Patrick. In 2 years Pat will be twice as old as Patricka number less ten is twenty-twoJeffrey opened a savings account and deposited 600.00. The account earns 1% interest, compounded annually. If he wants to use the money to buy a new bicycle in 2 years, how much will he be able to spend on the bike?