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?
To the nearest cent, how much will he have in 2 years?
Correct answer:
![](/img/4/penize_3.jpg)
Tips for related online calculators
Need help with mixed numbers? Try our mixed-number calculator.
Our percentage calculator will help you quickly calculate various typical tasks with percentages.
Do you want to convert time units like minutes to seconds?
Our percentage calculator will help you quickly calculate various typical tasks with percentages.
Do you want to convert time units like minutes to seconds?
You need to know the following knowledge to solve this word math problem:
Units of physical quantities:
Themes, topics:
Grade 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?
- 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?
- Interest compounded annually
If you deposit $4500 at 5% annual interest compounded annually, how much money will be in the account after ten years?
- Saving for education
Suppose a couple invested Php 50 000 in an account when their child was born to prepare for a college education. If the average interest rate is 4.4% compounded annually, a, Give an exponential model for the situation b, Will the money be doubled by the t
- 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?
- 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?
- Compound interest 4
Peter placed 3600 dollars in an account with an annual interest rate of 9%. How much will be in the account after 25 years, to the nearest cent?