SOLUTION: Hi there, my question is about finding the percent interest, could you help me out, please?
Information given in problem:
Use formula A=P(1+(r/n))^(nt)
Amount invested--$5700
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-> SOLUTION: Hi there, my question is about finding the percent interest, could you help me out, please?
Information given in problem:
Use formula A=P(1+(r/n))^(nt)
Amount invested--$5700
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Question 929258: Hi there, my question is about finding the percent interest, could you help me out, please?
Information given in problem:
Use formula A=P(1+(r/n))^(nt)
Amount invested--$5700
Number of Compounding Periods--360
Accumulated Amount--$11600
Time in "t" years--17
I am not sure how to solve for "r" in this situation.
Thank you! Answer by ewatrrr(24785) (Show Source):