pt

English

Español

Português

Français

Deutsch

Italiano

Русский

中文(简体)

한국어

日本語

Tiếng Việt

עברית

العربية

Popular >

Kurt has 9,000 in an account. The interest rate is 5% compounded annually.To the nearest cent, how much will he have in 1 year?

Solução

Kurt has 9, 000 in an account. The interest rate is 5% compounded annually.To the nearest cent, how much will he have in 1 year?

Solução

Amount : 9450

Passos da solução

Translate the problem into an equation:

A = 9000 (1 + \frac{0.05}{1})^{1 \cdot 1}

9000 (1 + \frac{0.05}{1})^{1 \cdot 1} = 9450

Amount : 9450

Exemplos populares

What is the probability that we get the head at least two times when we toss a coin three times?a number increased by 2 8000 for 4 years at 6.5% compounded monthly. what is the amount of interest?a number increased by 9 Andy is 3/4 as old as Mitchell. Four years ago, Andy was 2/3 as old as Mitchell. How old is each?