Brainz4me Brainz4me
  • 22-06-2021
  • Mathematics
contestada

Find the interest rate if £6400 has a final value of £8334 in 3 years. Give your answer to 1 d.p​

Respuesta :

madethisfortwitch1
madethisfortwitch1 madethisfortwitch1
  • 22-06-2021

Answer:

Step-by-step explanation:

6400(1+i)³=8334

(1+i)³=1.3021875

∛(1+i)³=∛(1.3021875)

1+i= 1.092

i= .092

I guess if you were to round to 1 decimal point it'd be .1

Answer Link

Otras preguntas

Michael made a queen size quilt that was 8  feet long.  its area was 64 square feet.  What was its perimeter
-5x+y=-33x-8y=24solve this for me someone (solving systems of equations by substitutions)looking for x and y
What is 1 - 27/44 = in its simplest form?
In the sentence You may have an apple or an orange but you can't have both . Where would the commas be ?
If the weight of a package is multiplied by 5/7 the result is 40.5 pounds. Find the weight of the package.
how do you write 3.04 as a mixed number?
What was the pharaoh's role in ancient egypt?
Explain what the variable represent in an addition or subtraction expression.
If the weight of a package is multiplied by 5/7 the result is 40.5 pounds. Find the weight of the package.
how do we know that the people of Mohenjo-Daro created a highly organized civilization?