How much would you need to deposit in an account now in 順序 to have 4000 in the account in 5 years? Assume the account earns 7% interest compounded monthly.

解

How much would you need to deposit in an account now in order to have 4000 in the account in 5 years? Assume the account earns 7% interest compounded monthly.

解

Principal : 2821.62

解答ステップ

Translate the problem into an equation:

4000 = P (1 + \frac{0.07}{12})^{12 \cdot 5}

P

を解く

4000 = P (1 + \frac{0.07}{12})^{12 \cdot 5} : P = 2821.62

Principal : 2821.62

人気の例

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