en

English

Español

Português

Français

Deutsch

Italiano

Русский

中文(简体)

한국어

日本語

Tiếng Việt

עברית

العربية

Popular >

9000 dollars is placed in an account with an annual interest rate of 7.75%. How much will be in the account after 18 years

Solution

9000 dollars is placed in an account with an annual interest rate of 7.75%. How much will be in the account after 18 years

Solution

Amount : 21555

Solution steps

Translate the problem into an equation:

A = 9000 (1 + 0.0775 \cdot 18)

9000 (1 + 0.0775 \cdot 18) = 21555

Amount : 21555

Popular Examples

circle's radius is 23 millimeters. What is the circle's area? Use 3.14 or a calculator button for pi and provide an answer accurate to the nearest tenth.Twice the sum of a number and 4 is less than 12 The perimeter of a rectangular painting is 270 cm. If the length of the painting is 82 cm, what is its width?Investing 5,000 in a savings account at 1% annual interest compounded quarterly will result in approximately how much money after 2 years After a 40% reduction, you purchase a new television for 234. What was the price of the television before the reduction?