Hi, 

In General 

A = Accumulated Amount $4075

P= principal = $4000

r= annual rate = r

n= periods per year = 1 

t= years = 3 



    log(1.01875) = 3log(1+r)

    log(1.01875)/3 = .0027 =  log(1+r)

             

                     .0062 = r  OR  Interest rate is .62% 

RELATED QUESTIONS

the simple intrest I on a principle of P dollars at an intrest rate of R for time T in... (answered by checkley71)

The simple intrest I on a principal of P dollars at an intrest rate R for time T in ten... (answered by 303795)

suppose that you invest $6000 for your money at an annual intrest rate of of 4% and... (answered by checkley77)

Find the simple intrest rate being charged on a loan of $8500 if $3230 in intrest s due... (answered by mananth)

Find the total amount in an account to the nearest cent after 2 years if the intrest is... (answered by rfer)

The sum of $4000  is invested, part at 6% intrest and the rest at 4%. If the annual... (answered by jorel1380)

A man invested $6,000, part of it at 5% simple intrest and the rest at 7% simple intrest.  (answered by math problem solving)

Find the annual intrest rate

Principal=$5000
Balance=$15,399.30
Time=15 years... (answered by stanbon)

determine the final amount from the investment each situation

intial amonut    annual... (answered by checkley77)