Answer:
Step-by-step explanation:
we know that
The compound interest formula is equal to
where
A is the Final Investment Value
P is the Principal amount of money to be invested
r is the rate of interest in decimal
t is Number of Time Periods
n is the number of times interest is compounded per year
in this problem we have
substitute in the formula above
3² equals nine, so the square root of eight has to be less than three.
The square root of eight is 2.82 rounded to the nearest hundredth. So 3 is approximately 0.18 more than the square of eight.
Hope this helps
~DragonGirl :)