ru

English

Español

Português

Français

Deutsch

Italiano

Русский

中文(简体)

한국어

日本語

Tiếng Việt

עברית

العربية

Популярное Word Problems >

Jeremy is investing 47,000 in an account paying 9.26% interest compounded continuously.What will Jeremy's account balance be in 42 years?

Решение

J ere m y i s in v es t in g 47, 000 in an a cco u n t p a y in g 9.26% 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 w i ll J ere m y^{'} s a cco u n t ba l an ce b e in 42 ye a rs ?

Решение

Amount : 2296973.35

Шаги решения

Translate the problem into an equation:

A = 47000 e^{0.0926 \cdot 42}

47000 e^{0.0926 \cdot 42} = 2296973.35270 \dots

Округлите до ближайшего hundredth:

2296973.35

Amount : 2296973.35

Популярные примеры

Eighteen less than 7 times a number is the same as 12 more than the number.Alvin's age is two times Elga's age. The sum of their ages is 42. What is Elga's age?Jane is saving up money to buy a car. Jane puts 6,000.00 into an account which earns 6% interest, compounded monthly. How much will she have in the account after 3 years?0.91 is 10% of what number?The sum of 3 consecutive odd numbers is 51