m1233
m1233
29-05-2017
Mathematics
contestada
I'm having trouble answering this question
Respuesta :
akaleti47
akaleti47
29-05-2017
balance= 5000(1+r*t/100)^t -800t where t = no. of years
at t=9, balance becomes 0
0=5000(1+9r/100)^9 -800*9
(1+9r/100)^9=7200/5000=1.44
1+9r/100=1.44^(1/9)=
1.04134
9r/100=0.04134
r= 100*0.04134/9 = 0.459 %
Answer Link
VER TODAS LAS RESPUESTAS ( 89+ )
Otras preguntas
208−5x−20−5x simplify and solve please
Who assassinated President Lincoln after the South’s defeat in the Civil War? William J. Black John Wilkes Booth George McClellan Jefferson Davis
Calculate the average velocity of a dancer who moves 5 m toward the left of the stage over the course of 15 s. ** Velocity = displacement/time A. 3 m/s B. 1/3 m
Segments 2) Use the following picture 3x+7 2x+12 Find AB A B С 84 Segments 2a) What REASON would you use for this problem 1 point Your answer Segments 2b) What
True or False: Stained glass windows were more popular in churches of the Middle Ages than those of the Renaissance.
How many Non-Voting members in the US Senate? Who do they represent?
An investor invests $525 in stock. For the first six months, the stock increased at a rate of $25 per month. Identify the slope of the linear relationship. Expl
If your heart is not strong enough or efficient enough, it is difficult to O stretch O lift weights O breathe O perspire
A turtle walks 78 of a mile in 50 minutes. Determine the unit rate. How far does the turtle walk in 1 hour?
What is the greatest common factor of 93 and 14?
