SOLUTION: 9000 = 5000 (1+r/360)^1440
How do I get the r out of the equation?
Algebra.Com
Question 735534: 9000 = 5000 (1+r/360)^1440
How do I get the r out of the equation?
Answer by lwsshak3(11628) (Show Source): You can put this solution on YOUR website!
9000 = 5000 (1+r/360)^1440
divide both sides by 1000
9=5(1+r/360)^1440
9/5=(1+r/360)^1440
1.8=(1+r/360)^1440
raise both sides by 1/1440
1.8^(1/1440)=1+r/360
1.8^(1/1440)=(360+r)/360
360*1.8^(1/1440)=(360+r)
r=360*1.8^(1/1440)-360
RELATED QUESTIONS
how do i figure the answer of "r"
1 R R
- R - - = -
2... (answered by xinxin)
Use the compound interest equation {{{A= P(1 + r/n)^nt}}} to find how long, to the... (answered by fractalier,josmiceli)
1400=1000(1+(r/360))^720
How do I solve for r?
(answered by bam878s)
I have an investment of $1500. After 4 years, it becomes $1700. The number of... (answered by stanbon)
Recall that a formula bank account earning compound interest is
A=P(1+r/m)^mt - given
(answered by solver91311)
Solve each equation for the variable indicated. 4=r t for t (here are the steps I did... (answered by Fombitz)
how do I work out the answer to this equation 1/r-1/[r(1+r)^t] in the equation r is... (answered by stanbon)
Please help me solve this equation:
1-r= -5
I tried it and i got this:
1-r =-5
-1 (answered by jim_thompson5910)
Trying to figure out the rate. I have the answer 0.055 but i need to know how to work... (answered by Alan3354)