dantezacchinoowwupy dantezacchinoowwupy

11-12-2020
Mathematics

contestada

Consider the compound interest equation B(t)=100(1.1664)t.

Assume that n=2, and rewrite B(t) in the form B(t)=P(1+rn)nt.

What is the interest rate, r, written as a percentage?

Respuesta :

gabriaelle2008 gabriaelle2008

11-12-2020

The formula , for n=1 becomes .

Comparing with , we see that

P=900, and 1+r=1.185, which means that r=0.185.

r=0.185 can be written as 18.5%, as a percentage.

Answer: 18.5%

Answer Link

Otras preguntas

What separates Athenians from the Spartans?

Find -2 3/10+4 2/5 write your answer as a mixed number in simplest form plz

A main document in a mail merge contains data, such as names and addresses.

Consider the following magazine titles. Which one would be recommended by a nutritionist?

what is the x to 7x+10=10x-6

What greatest common factor (GCF) of 84 and 96

Help?????????????????? Which of the following will help you and your family eat the proper amount of food? A grocery ad A grocery budget A food label A new

Number 3 please. I have no hope

When summarizing the _____ of a plot, one should notice the key ideas about how the conflict builds.

the level of oxygen level in the air is measure d in a garden and on a city road. which location has a higher level of oxygen and why