Answer: 4.01% interest rate
This value is approximate. It is rounded to the nearest hundredth of a percent.
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Work Shown:
A = P*e^(r*t)
1833 = 1500*e^(r*5)
1833/1500 = e^(5r)
1.222 = e^(5r)
e^(5r) = 1.222
5r = Ln(1.222)
5r = 0.2004888607494
r = 0.2004888607494/5
r = 0.04009777214989
r = 0.0401
r = 4.01%
Since we're doing compound interest for four years it will be simpler than daily.
In case you didn't know the formula, here it is: A = P (1 +r/n)^(nt)
now lets substitute.
A = 500 (1 + 0.03)^4
A = 500 (1.03)^4
A = 500 (1.12550881)
A = 562.754405
Since that decimal is too big for cash, let's round it. Notice that the number after 5 is lower than 5. Thus the first two numbers stay the same and the final answer will be..
A = 562.75
Hope this helps :3
1) 1/4
2)24
I don't know for the others
Your answer would be 2x^2=4x
also I have a question I need help with, would you mind?
On the blueprint the length of the room is 2 inches