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인기 있는 Word Problems >

Kenny has 500 in an account. The interest rate is 5% compounded annually.To the nearest cent, how much interest will he earn in 1 year?

해법

Ke nn y ha s 500 in an a cco u n t . T h e in t eres t r a t e i s 5% co m p o u n d e d ann u a ll y . T o t h e n e a res t ce n t, h o w m u c h in t eres t w i ll h e e a r n in 1 ye a r ?

해법

Interest : 25

솔루션 단계

Translate the problem into an equation:

525 = 500 + I

I

해결 대상

, 525 = 500 + I : I = 25

Interest : 25

인기 있는 예

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