受欢迎的 >

Riley invested 8,500 in an account paying an interest rate of 3.8% compounded daily. Assuming no deposits or withdrawals are made, how long would it take, to the nearest year, for the value of the account to reach 18,040?

解答

Riley invested 8, 500 in an account paying an interest rate of 3.8% compounded daily. Assuming no deposits or withdrawals are made, how long would it take, to the nearest year, for the value of the account to reach 18, 040?

解答

Time : 19.8

求解步骤

Translate the problem into an equation:

18040 = 8500 (1 + \frac{0.038}{365})^{365 t}

求解

t, 18040 = 8500 (1 + \frac{0.038}{365})^{365 t} : t = 19.8

Time : 19.8

流行的例子

Six years ago, Sally was 12 years yunger than thrice her sister's age. how old is Sally if she is twice as old as her sister now?you won 500 in an art contest. you deposit the money into an account that pays 7% interest. how much money will you have after 4 years?What's the 周长 of this circular pond if its diameter is 3.8 m? to 1 decimal place.75% OFF the original price! The original price of a bottle of ketchup is 0.80. What is the sale price?six increased by the product of a number and 10 is least-29