Math Problem Statement
EJERCICIO 3 El Sr. José realizó los siguientes movimientos en su caja de ahorro del banco BB: • 31.12.99 saldo inicial: U$S 1.000. • 15.01.00 depositó U$S 1.000. • 28.02.00 retiró U$S 500. • 31.05.00 depositó U$S 2.000. • 30.06.00 retiró U$S 800. SE PIDE: a. Sabiendo que el banco le otorga un interés del 1 % efectivo mensual, determinar el monto que tenía en su cuenta al 31.08.00. b. ¿Cuánto tenía que depositar el 31.08.00, si deseaba obtener U$S 10.000 en su cuenta al 31.12.00?
Solution
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Math Problem Analysis
Mathematical Concepts
Compound Interest
Financial Mathematics
Formulas
Compound interest formula: A = P(1 + i)^n
Basic arithmetic for deposits and withdrawals
Theorems
Compound interest growth formula
Suitable Grade Level
Grades 10-12 (High School)
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