csmith91367 csmith91367

05-03-2017
Mathematics

contestada

An account earning interest compounded annually was worth $44,100
after 2 years and $48,620.25 after 4 years. What is the interest rate?

Respuesta :

Aliwohaish12 Aliwohaish12

08-03-2017

R=(48,620.25÷44,100)^(1÷2)-1
R=0.05*100=5%
The initial deposit is 40000

Answer Link

Otras preguntas

For the following function, solve both f'(x) = 0 and f''(x) = 0 for x. f(x) = x(x - 3)^4

what is the mass of cerrusite would contain 35g of lead?

How did the United States respond to the creation of the European Union (EU) and its challenge? A) The United States joined the North American Free Trade Agree

thị trường khách du lịch tại tỉnh thái nguyên

What is the slope of the line through (3,2) and (-3,4)

For a scientist, assessing the validity of information requires a specific knowledge b. a hypothesis c. experimentation d. questions Please select the best answ

John's dad makes wooden furniture, but there are many furniture makers in his state. John's dad decides to ship his furniture to the next state to be sold, as t

write the steps to insert date and time in a cell

PLEASE HELP ME The graph below shows the distance, y, that a car traveled in x hours: Rate of Travel 125 100 Distance Traveled (miles) 75 501 251 0 1 2 3 4 5 Ti

· f(x)= x2 - 49 Identify the number of zeros of the polynomial function

Q&A Education