nohat nohat
  • 29-10-2016
  • Mathematics
contestada

The Morenos invest 10000 in an account that grows to 12000 in 5 years what is the annual interest (r) if interest is compounded
a.Quarterly b.Continuously

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Cindylouhoo
Cindylouhoo Cindylouhoo
  • 29-10-2016
Try using the internet. It can be very useful at times.
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Aliwohaish12
Aliwohaish12 Aliwohaish12
  • 29-10-2016
12000=10000(1+r/4)^20...solve for r
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