‫الجامعة المستنصرية‬

‫كلية الهندسة‬
‫قسم هندسة البيئة‬

‫أعداد ‪ :‬بتول ماجد‬

‫المرحلة الرابعة‬
‫فرع السيطرة على التلوث‬
Example.1
If an amount of $ 1500 is deposited into an account with a compound
interest rate of 4.3% paid every three months, Find the future value of
this amount after six years have passed?
The solution:
From the above example:
The original amount invested (P) = 1500 ,The compound interest rate
(i) = 0.043 after writing it as a decimal number, the number of times the
interest is charged in one year (t)= 4; Because the interest is earned every
three months, The investment period in years (n) = 6.
Substitute the previous values in the equation
I=P× (1+i/t) n*t
=1500 × (1+0.043/4) 6*4
=1500× (1.01075)24
= $ 1,938.836
Example.2
If an amount of $ 1000 is deposited into an account with a compound
interest rate of 4% that occurs every three months, calculate the future
value of this amount after three years have passed with rounding off
the nearest dollar?
The solution:
From the above example:
the original amount invested (P) = 1000, compound interest rate (i) = 0.04
after writing it as a decimal number, the number of times the interest is
charged in one year (t) = 4; Because interest takes place every three
months, The investment period in years (n) = 3.
Substitute the previous values in the equation,
I=P× (1+i/t) n*t
=1000× (1+0.04/4)3*4
= 1000× (1.01)12
= 1126.83 $
After rounding off to the nearest dollar, the future amount = $ 1127.
Example.3
If $ 20,000 is deposited into an account with an annual compound
interest rate of 8.5% collected every month, calculate the future value
of this amount after four years have passed?
The solution:
From the above example:
the original amount invested (P) = $ 20,000, the compound interest rate
(i) = 0.085 after writing it as a decimal number, the number of times the
interest is charged in one year (t) = 12; Because interest is earned every
month, The duration of the investment in years (n) = 4.
Substitute the previous values into the equation
I=P× (1+i/t) n*t
=20000× (1+0.085/12)4*12
= 20,000× (1.0071)48
= 28,065.3$
Example.4
If Ahlam borrows $ 10,000 from a financial institution, the repayment
period is two years, and the annual compound interest rate is 10%
collected once a year, find the amount of the amount that she must
pay?
The solution:
From the above example:
the original amount borrowed (P) = $ 10,000, the compound interest rate
(i) = 0.10 after writing it as a decimal number, the number of times the
interest is charged in one year (t) = 1; Because the interest gets once a year,
The loan term is in years (n) = 2.
Substitute the previous values into the equation
I=P× (1+i/t) n*t
=10000× (1+0.10/1)2*1
= 20,000× (1.05) 2
= 12,100$
Example.5
If the deposit amount of $ 2,000 in an account with a compound
interest rate of 5% annual collected each month, calculate the future
value of this amount after two years?
The solution:
From the above example:
the original amount invested (P) = 2,000, the compound interest rate
(i) = 0.05 after writing it as a decimal number, the number of times the
interest is charged in one year (t) = 12; because the interest is earned every
month, The period of investment in years (n) = 2.
Substitute the previous values into the equation
I=P× (1+i/t) n*t
=2000× (1+0.05/12)2*12
= 2,000× (1.0042)24
= 2,209$
Example.6
One of the institutions offers an investment plan for the sums of money
based on investing an amount of money to use it later to teach a relative
in the university. If Hanan wanted to invest an amount of money for a
value of $ 40,000 after 18 years to use it in the education of her
grandchild’s university in the future, if the rate of Compound interest
was 6%, which is collected every six months, find the value of the
amount that Hanan must invest now to reach the required amount in
the future?
The solution:
From the above example:
the principal amount that must be borrowed (P) = B, the compound interest
rate (i) = 0.06 after writing it as a decimal number, the number of times the
interest is charged in one year (t) = 2; because interest is earned every six
months, The investment period in years (n) = 18 years.
Substitute the previous values into the equation
I=P× (1+i/t) n*t ،
40000=P× (1+0.06/2)18×2
= P× (1.03)36
P=13,801$
Example.7
If Ahmed wants to double an amount of $ 1,000 he had it over a five-
year period, find the annual compound interest rate that Ahmad needs
to achieve what he wants?
The solution:
From the above example:
the original amount that Ahmed currently has (P) = $ 1,000, the compound
interest rate (i) = P, the number of times the interest is charged in one year
(t) = 1; because the interest gets once a year, the investment period in years
(n) = 5 years, m = $ 2000, which is twice the original amount.
Offset the previous values in the equation,
I=P× (1+i/t) n*t
2000=1000× (1+i/1)5×1
i= 14.78% the rate he need.
Example.8
If Souad wants to increase an amount of $ 1,000 she had to $ 10,000
with an annual compound interest rate of 5%, calculate the period that
Souad needs to achieve what she wants?
The solution:
From the above example:
the original amount that Souad currently holds (P) = $ 1,000, the compound
interest rate (i) = 0.05, the number of times the interest is charged in one
year (t) = 1; Because the interest gets once a year, the investment period is
in years (n) = n years, m = $ 10,000.
Substitute the previous values into the equation
I=P× (1+0.05/1) n*t
10000=1000× (1+0.05/1) n*1
n=log (10)/log (1.05)
=47.19 yr.
Example.9
If Noor borrows $ 2000 from a financial institution, and the payment
period is one and a half years, and the annual compound interest rate
is 10%, it gets twice a year, find the amount of the amount that she
must pay?
The solution:
From the above example:
the original amount borrowed (P) = $ 2,000, compound interest rate
(i) = 0.10 after writing it as a decimal number, the number of times the
interest is charged in one year (t) = 2; Because the interest gets twice a
year, The loan term in years (n) = 1.5.
Substitute the previous values in the equation,
I=P× (1+i/t) n*t
=2000× (1+0.10/2) 1.5*2
= 2,000× (1.05)3
=2,315.25 $