3 years ago

Helen borrowed

Mathematics

1 answer:

dusya [7]3 years ago

4 0

Answer:

%2.83467

Step-by-step explanation:

first you use the equation A = P(1+r)^T

Where A is the future value (in your case $9200)

P is the amount ($8000)

r is interest rate (what you are trying to figure out)

and T is the time (5 years)

so you would substitute in your numbers and solve for r

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