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Beliebt Word Problems >

Nishi invests £4600 at 6% interest per year. Work out how much she will have altogether after 5 years

Lösung

N i s hi in v es t s £4600 a t 6% in t eres t p er ye a r . W or k o u t h o w m u c h s h e w i ll ha v e a lt o g e t h er a f t er 5 ye a rs

Lösung

Amount : 5980

Schritte zur Lösung

Translate the problem into an equation:

A = 4600 (1 + 0.06 \cdot 5)

4600 (1 + 0.06 \cdot 5) = 5980

Amount : 5980

Beliebte Beispiele

The sum of three times a number and 8 is 29.The sum of two number is 65. One number is 4x as the other. what are the two numbers Nick has 3, 572 in an account that earns 1% interest compounded annually.To the nearest cent, how much interest will he earn in 4 years?Tristan inherited some money from his grandfather and put it in a bank account that earns 7% interest compounded monthly. After 9 years, Tristan had 1,000.00 in the bank account. How much interest did he earn?fives time a number, increased by 3 is 85