document.write( "Question 981075: I received a death benefit. The contribution was 19,000. The interest was 56,000. How do you calculate the interest rate over 16 years? \n" ); document.write( "
Algebra.Com's Answer #602097 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! I received a death benefit. The contribution was 19,000. The interest was 56,000. How do you calculate the interest rate over 16 years? \n" ); document.write( "========== \n" ); document.write( "I = Prt \n" ); document.write( "56000 = 19000*r*16 \n" ); document.write( "==== \n" ); document.write( "r = 18.42% \n" ); document.write( "=================== \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( "----------- \n" ); document.write( " |