Finding the time in a word problem on compound interest

Asked by admin @ in Mathematics viewed by 276 People

Level

M
S
.13 Compound interest: word problems
Learn with an example
Dalton opened a savings account and deposited $200.00 as principal. The account earns 3%
interest, compounded annually. What is the balance after 5 years?
nt
Use the formula A = P1+ where A is the balance (final amount), P is the principal
(starting amount), r is the interest rate expressed as a decimal, n is the number of times per
year that the interest is compounded, and t is the time in years.
Round your answer to the nearest cent.
Submit

Answered by admin @


Answer:

Step-by-step explanation:

That is hard...


Similar Questions

Find compound interest paid when a sum of 10000

Asked by admin @ in Math viewed by 298 persons

Find compound interest paid when a sum of ₹ 10000 is invested for 1 year and 3 months at 17/2% per annum compounded annually?

Find the amount and the compound interest on 12800

Asked by admin @ in Math viewed by 337 persons

Find amount and compound interest on rs 12800 for 1 year at 15/2 per annum compounded semi-annually

Find the compound interest on rs 16000 at 20

Asked by admin @ in Accountancy viewed by 449 persons

Find the compound interest on rs. 16,000 at 20% per annum for 9 months, compounded quarterly.

Find the amount and the compound interest on 10000

Asked by admin @ in Math viewed by 355 persons

find the amount and compound interest on rupees 10000 for one and half years at 10% p.a, compounded half yearly.

How to calculate compound interest when time is in fraction

Asked by admin @ in Math viewed by 394 persons

how to calculate compound interest if the time is in fraction , principal = 10,000, Rate of interest 8.5 , time period = 1 year 3 months. Compounded annually

How to find the most acidic hydrogen in a compound

Asked by admin @ in Chemistry viewed by 342 persons

Using resonance, select the most acidic protons in the hexane-2,4-dione molecule. The most acidic proton is the one that, upon removal, will yield the most stable conjugate base. Check all …

How to find the total magnification of a compound microscope

Asked by admin @ in Chemistry viewed by 363 persons

Write out the rule for determining total magnification of a compound microscope

How to find the number of molecules in a compound

Asked by admin @ in Chemistry viewed by 313 persons

Calculate the number of moles of each compound, given the number of molecules. If you need to make a number a superscript, put a ^ in front of the number. …

How to find if a compound is polar or nonpolar

Asked by admin @ in Physics viewed by 321 persons

Identify the following compounds as polar covalent or nonpolar covalent: HBr, Cl2, and H2O.

How to find the amount of moles in a compound

Asked by admin @ in Chemistry viewed by 307 persons

Determine the number of moles of compound in each of the following samples.? 4.50g H2O 471.6g Ba(OH)2 129.68g Fe3(PO4)2

Compound interest for a certain amount at 13

Asked by admin @ in Accountancy viewed by 961 persons

compound interest for a certain amount at 13% pa for 2 years exceeds the interest on the same. amount at 12% pa for 2 years by Rs. 225. The principal …

The compound interest on rs 30000 at 7

Asked by admin @ in Math viewed by 327 persons

The compound interest on Rs. 30,000 at 7% per annum is Rs. 4347. The period (in years) is: A) 2 B) 3 C) 4 D) 5

At a certain rate of compound interest rs 15320

Asked by admin @ in Math viewed by 474 persons

at a certain rate of compound interest rs 15320 becomes rs 30640 in, 6 years.what is the rate of interest

How to find hybridisation of carbon in organic compounds

Asked by admin @ in Chemistry viewed by 306 persons

How to find hybridisation of all carbon atoms in any compound?

Write a program to calculate compound interest in python

Asked by admin @ in Physics viewed by 429 persons

Write a program in python to calculate the compound interest​

Most viewed questions in Mathematics

Unit 6 similar triangles homework 2 similar figures answer key

Asked by maham237 @ in Mathematics viewed by 18374 persons

All things algebra unit 7 polygons and quadrilaterals answer key

Asked by admin @ in Mathematics viewed by 8166 persons

Gina wilson all things algebra 2016 answer key unit 11

Asked by admin @ in Mathematics viewed by 5796 persons

Unit 1 geometry basics homework 4 angle addition postulate answers

Asked by maham237 @ in Mathematics viewed by 3940 persons

Unit 6 exponents and exponential functions homework 8 answer key

Asked by maham237 @ in Mathematics viewed by 3262 persons

The manager of a vacation resort believes that the ages

Asked by maham237 @ in Mathematics viewed by 2929 persons

What is 271 403 rounded to the nearest ten thousand

Asked by maham237 @ in Mathematics viewed by 2805 persons

Unit 1 geometry basics homework 3 angle relationships answer key

Asked by maham237 @ in Mathematics viewed by 2590 persons

Homework 2 parallelograms

Asked by maham237 @ in Mathematics viewed by 2507 persons

Why would a prism beat a sphere in a competition?

Asked by maham237 @ in Mathematics viewed by 2485 persons

John wants to send a letter to peter

Asked by maham237 @ in Mathematics viewed by 2470 persons

An artist sells a painting for 20.50 but uses 5.75

Asked by maham237 @ in Mathematics viewed by 2438 persons

Unit 4 congruent triangles homework 1 classifying triangles answer key

Asked by maham237 @ in Mathematics viewed by 2424 persons

Unit 4 congruent triangles homework 2 angles of triangles

Asked by maham237 @ in Mathematics viewed by 2082 persons

Compare the values of the 2s and 5s in 55220

Asked by maham237 @ in Mathematics viewed by 1800 persons