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Phổ biến Word Problems >

how long will it take 2000 to earn php 400 if the interest is 12 prcent compounded semi annually

Lời Giải

h o w l o n g w i ll i t t ak e 2000 t o e a r n p h p 400 i f t h e in t eres t i s 12 p rce n t co m p o u n d e d se mi ann u a ll y

Lời Giải

Time : 1.56

Các bước giải pháp

Translate the problem into an equation:

2400 = 2000 (1 + \frac{0.12}{2})^{2 t}

Giải

t, 2400 = 2000 (1 + \frac{0.12}{2})^{2 t} : t = 1.56

Time : 1.56

Ví dụ phổ biến

Calculate how much would have had to be invested to have 8190.93 after three years if the investment paid a rate of 3.15% compounded weekly.what is the present value of5000 pesos due in 8 years if the money is worth 12% compounded semiannually Danny is 8 years older than Jacqueline. In 5 years the sum of their ages will be 74. How old is Danny now?In 56 years, Kevin will be 9 times as old as he is right now.Bob's father is 24 years older than Bob. 12 years ago, Bob's dad was double Bob's age at that time. How old is Bob?