he

English

Español

Português

Français

Deutsch

Italiano

Русский

中文(简体)

한국어

日本語

Tiếng Việt

עברית

العربية

פּוֹפּוּלָרִי Word Problems >

Micah deposited 2000 into an account that pays 6% compounded continually. how much will he have after 2 years?

פתרון

M i c ah d e p os i t e d 2000 in t o an a cco u n t t ha t p a ys 6% co m p o u n d e d co n t in u a ll y . h o w m u c h w i ll h e ha v e a f t er 2 ye a rs ?

פתרון

Amount : 2247.2

צעדי פתרון

Translate the problem into an equation:

A = 2000 (1 + \frac{0.06}{1})^{1 \cdot 2}

2000 (1 + \frac{0.06}{1})^{1 \cdot 2} = 2247.2

Amount : 2247.2

דוגמאות פופולריות

How much must be deposited today into the following account in order to have 40000 in 6years for a down payment on a house? Assume no additional deposits are made.An account with annual compounding and an APR of 6%20% of what number is 90 A rectangle has a width of 5 and length of 6 what is the area of the rectangle Judy is now twice as old as Adam, but 6 years ago, she was 5 times as old as he was.:How old is Judy now?The area of a circle is 153.86 square yards. Find the radius. Use 3.14 for pi.