Question

Creating simple interest exercise DON JOSE MAKES A DEPOSIT IN A BANK FOR $2,400,000 WHICH PAYS A QUARTERLY RATE OF 3.4% QUARTERLY, AND AFTER TIME HE WITHDRAWS $2,760,000. HOW LONG SHOULD THE SILVER REMAIN IN THE BANK SO THAT YOU CAN MAKE THE WITHDRAWAL OF $2,760,000. I need the answer in Spanish language

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Answer to a math question Creating simple interest exercise DON JOSE MAKES A DEPOSIT IN A BANK FOR $2,400,000 WHICH PAYS A QUARTERLY RATE OF 3.4% QUARTERLY, AND AFTER TIME HE WITHDRAWS $2,760,000. HOW LONG SHOULD THE SILVER REMAIN IN THE BANK SO THAT YOU CAN MAKE THE WITHDRAWAL OF $2,760,000. I need the answer in Spanish language

Expert avatar
Birdie
4.5
75 Answers
t = \frac{2.760.000 - 2.400.000}{2.400.000 \times 0.034}

t = \frac{360.000}{81.600}

t \approx 4.41

Por lo tanto, el dinero debe permanecer en el banco aproximadamente 4.41 trimestres para que Don Jose pueda retirar $2.760.000.

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