An account
Seth has $9,399 in an account. The interest rate is 4 17/20% compounded annually.
To the nearest cent, how much will he have in 2 years?
Your answer:
To the nearest cent, how much will he have in 2 years?
Your answer:
Tips for related online calculators
Need help with mixed numbers? Try our mixed number calculator.
Our percentage calculator will help you quickly and easily solve a variety of common percentage-related problems.
Do you want to convert time units like minutes to seconds?
Our percentage calculator will help you quickly and easily solve a variety of common percentage-related problems.
Do you want to convert time units like minutes to seconds?
You need to know the following knowledge to solve this word math problem:
algebrabasic operations and conceptsnumbersUnits of physical quantitiesthemes, topicsGrade of the word problem
Related math problems and questions:
- Johnny 3
Johnny has $46,754 in a savings account that earns 14% annually. The interest is not compounded. To the nearest dollar, how much interest will he earn in 3 years? - Saving for education
Suppose a couple invested ₱50,000 in an account when their child was born, to save for college. The average annual interest rate is 4.4%, compounded annually. a) Give an exponential model for the situation. b) Will the money have doubled by the time the c - Two years
Roy deposited 50,000.00 into his account, which pays 4% annual interest compounded semi-annually. How much interest is there after two years? - Daily compounded
Zachary invested $130 in an account paying an interest rate of 3.6% compounded daily, Assuming no deposits or withdrawals are made, how much money, to the nearest dollar, would be in the account after 11 years? - Interest compounded annually
If you deposit $4500 at 5% annual interest compounded annually, how much money will be in the account after ten years? - You take
You take out a Php 20000 loan at a 5% interest rate. If the interest is compounded annually, a. Give an exponential model for the situation b. How much Will you owe after ten years? - Annual interest
A loan of 10 000 euros is to be repaid in annual payments over ten years. Assuming a fixed 10% annual interest rate compounded annually, calculate: (a) the amount of each annual repayment (b) the total interest paid.
