SOLUTION: An initial deposit of $8050 was made into an account that compounds interest semi-annually. No other deposits were made. At the end of 18 years, the balance in the account had doub
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Question 983713: An initial deposit of $8050 was made into an account that compounds interest semi-annually. No other deposits were made. At the end of 18 years, the balance in the account had doubled. Find the interest rate on this account
Answer by solver91311(24713) (Show Source): You can put this solution on YOUR website!
Solve
^{36}\ =\ 2)
for 
John
My calculator said it, I believe it, that settles it
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