fr

English

Español

Português

Français

Deutsch

Italiano

Русский

中文(简体)

한국어

日本語

Tiếng Việt

עברית

العربية

Populaire Word Problems >

Sheri can invest at 9.3% in a continuous interest account. She would like to have 500,000 at the end of 10 years. How much money should she invest?

Solution

S h er i c an in v es t a t 9.3% in a co n t in u o u s in t eres t a cco u n t . S h e w o u l d l ik e t o ha v e 500, 000 a t t h e e n d o f 10 ye a rs . Ho w m u c h m o n ey s h o u l d s h e in v es t ?

Solution

Principal : 197276.86

étapes des solutions

Translate the problem into an equation:

500000 = P e^{0.093 \cdot 10}

Solutionner pour

P, 500000 = P e^{0.093 \cdot 10} : P = 197276.86

Principal : 197276.86

Exemples populaires

The radius of a circle is 4 inches. What is the circle's circonférence?Lakeside's current population is 280,421 residents, which is 5% smaller than at the time of its founding. What was the population of Lakeside back then?49 decreased by twice a number Determine the simple interest for this loan-round your answer to the nearest cent:9,698.17 at 4.51% for 63 years.A rectangular living room is 10 meters long and 4 meters wide. What is its aire?