ru

English

Español

Português

Français

Deutsch

Italiano

Русский

中文(简体)

한국어

日本語

Tiếng Việt

עברית

العربية

Популярное Word Problems >

Ron opened a savings account and deposited 500.00 as principal. The account earns 15% interest, compounded continuously. What is the balance after 8 years?

Решение

R o n o p e n e d a s a v in g s a cco u n t an d d e p os i t e d 500.00 a s p r in c i p a l . T h e a cco u n t e a r n s 15% in t eres t, co m p o u n d e d co n t in u o u s l y . Wha t i s t h e ba l an ce a f t er 8 ye a rs ?

Решение

Amount : 1660.06

Шаги решения

Translate the problem into an equation:

A = 500 e^{0.15 \cdot 8}

500 e^{0.15 \cdot 8} = 1660.05846 \dots

Округлите до ближайшего hundredth:

1660.06

Amount : 1660.06

Популярные примеры

10 minus 3 times a number is no more than 61 Three times the sum of a number and seven is 39 Nick puts 1,000.00 into an account to use for school expenses. The account earns 8% interest, compounded annually. How much will be in the account after 7 years?circle has a окружность of 69.08 centimeters. What is the radius of the circle approximately? Use:3.14 for pi Sally walked 2 kilometers to school. If she walks at a speed of 0.5 kilometers per hour, how long does it take her to get to school