Solution
How much money should you invest now to have 5000 in 12 years if you invest the money at a rate of 1.4%, compounded semiannually?:
Solution
Solution steps
Translate the problem into an equation:
Solve for
Popular Examples
Your investment account have grown by 6.9% .Currently you have R6414 in this account .What was the balance in your account one year ago before this gainThree consecutive integers add up to 213. What is the least of these integers?the result of a number when increased by 15% is 161.find the numberFour times the difference between 45.6 and a number is equal to 61.5The product of two consecutive even integers is 528. Find the value of each integer.