Solution

if man deposits 6000 in a bank account which pays 5 percent in a year. find the value of his deposit after 4 years

Solution

Solution steps
Translate the problem into an equation:

Popular Examples

Ayana puts 6,000.00 into an account to use for school expenses. The account earns 1% interest, compounded quarterly. How much will be in the account after 8 years?Lakeside had 380,440 residents at the time of its founding. Currently it is 10% smaller. What is the current population?Four times the sum of a number and 29 is at most 24.87 times a number minus 8 is equal to −42 less than the numberYou deposit 3000 in an account earning 1200% interest compounded monthly. How much will you have in the account in 48.56 years?