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Pepsi [2]
3 years ago
15

Betty needs to understand the interest rate for her savings account in order to calculate how much the account will earn in inte

rest. she visits a customer service representative at her new bank to learn how to calculate the interest. he gives her an expression to find the interest rate, r, in her savings account. it is
Business
1 answer:
Tpy6a [65]3 years ago
8 0

r = (18/15)1/3 - 1 = (6/5)1/3 - 1 = (2/5) - 1 = - 3/5 = -0.6.

above is the question but are you sure the question is correct? shouldn't r = (18000/15000)^1/3 - 1? please check.

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