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José Antonio Hernandez Pérez abrió una cuenta de ahorros el 23 de noviembre de 1987, con un depósito inicial de $ 500.00 en un banco que capitaliza los intereses el 31 de Mayo y el 30 de noviembre de cada año. Obtenga el saldo de la cuenta para el 15 de abril de 1989. La tasa de interés es del 20 %. Utilice la regla comercial y considere año comercial.

 May 9, 2016
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[From Google Translate]

 

Jose Antonio Hernandez Perez opened a savings account on November 23, 1987, with an initial deposit of $ 500.00 in a bank that capitalizes interest on May 31 and November 30 of each year. Get the account balance for April 15, 1989. The interest rate is 20%. Use the business rule and consider business year.

 

The balance of Mr. Perez's account on April 15, 1989 should be $661.15. This is based on 20% compounded daily and credited to his account at the end May and November. Depending on what your teacher had in mind, if the interest is compounded semi- annually, you will get a different balance from the one I calculated above.

 May 9, 2016

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