Question 1061463
Can you please help me solve this?
7.66= 5.4(1+i) to the power of 6 
i=6%
Can you please explain how to get to the i value? Thank you
<pre>{{{7.66 = 5.4(1 + i)^6}}}
{{{7.66/5.4 = (1 + i)^6}}} ------------- Dividing both sides by 5.4
{{{(7.66/5.4)^(1/6) = (1 + i)^(6 * (1/6))}}} ----- RAISING each side to the {{{(1/6)^(th)}}} power to get rid of exponent, 6
{{{matrix(1,3, (7.66/5.4)^(1/6), "=", 1 + i)}}}
{{{highlight_green(matrix(1,9, (7.66/5.4)^(1/6) - 1, "=", i, "======>", .06, or, "6%", "=", i))}}}