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Veseljchak [2.6K]
3 years ago
10

A = $14,560; P = $13,000; t = 4 months; r =? ( I know the answer but how do I convert the time? 4/12??)

Mathematics
1 answer:
saw5 [17]3 years ago
3 0
14560=13000(1+r)^4/12
Now can you solve for r?
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