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인기 있는 Word Problems >

Find the present value of 25000 due 11 years later at 6.2%, compounded continuously.

해법

F in d t h e p rese n t v a l u e o f 25000 d u e 11 ye a rs l a t er a t 6.2%, co m p o u n d e d co n t in u o u s l y .

해법

Amount : 49445.74

솔루션 단계

Translate the problem into an equation:

A = 25000 e^{0.062 \cdot 11}

25000 e^{0.062 \cdot 11} = 49445.73595 \dots

가장 가까운 hundredth 으로 반올림:

49445.74

Amount : 49445.74

인기 있는 예

What will be the 지역 of a square plot of land with a perimeter of 96 metres?One-third of a number, decreases by its reciprocal is equal to eleven divided by that number. What is the number?twice a number is 60 more than five times the number 6 years ago, Adriana won some money in the lottery and put it in a bank account that earns 10% interest compounded annually. If Adriana currently has 400.00 in the bank account, how much interest has she earned?The square root of 2 less than a number is 5. Find the number.