SOLUTION: what is the value of r if 1832=1954[(1+r/100)-1]
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Question 696793
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what is the value of r if 1832=1954[(1+r/100)-1]
Answer by
mathbird(71)
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1832=1954[(1+r/100)-1]
1832/1954=(1+r/100)-1
916/977=(1+r/100)-1
916/977+1=1+r/100
1893/977=1+r/100
1893/977-1=r/100
916/977=r/100
916/977*100=r
91600/977=r
93.756=r