Question

You deposit a capital of $1,000,000 in a bank, within a period of 5 months, applying a monthly interest rate of 5%. The accumulated interest is:

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Answer to a math question You deposit a capital of $1,000,000 in a bank, within a period of 5 months, applying a monthly interest rate of 5%. The accumulated interest is:

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Rasheed

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105 Answers

1. Calcular el monto total usando el interés compuesto:

A = P \times (1 + r)^{t}

donde:
-

P = 1,000,000

r = 0.05

t = 5

2. Sustituir los valores en la fórmula:

A = 1,000,000 \times (1 + 0.05)^{5}

A = 1,000,000 \times 1.2762815625

A = 1,276,281.5625

3. Calcular el interés acumulado restando el capital inicial:

I = A - P

I = 1,276,281.5625 - 1,000,000

I = 276,281.5625

Respuesta:

I = 276,281.5625

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You deposit a capital of $1,000,000 in a bank, within a period of 5 months, applying a monthly interest rate of 5%. The accumulated interest is:

Answer to a math question You deposit a capital of $1,000,000 in a bank, within a period of 5 months, applying a monthly interest rate of 5%. The accumulated interest is:

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