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aivan3 [116]
3 years ago
7

An investor invests $100 in a certificate, which compounds semi-annually, for a time period of one year. If he wants to quadrupl

e his money in one year, what interest rate would be needed?
Mathematics
1 answer:
vagabundo [1.1K]3 years ago
8 0
4p=p(1+i/2)^2
4=(1+i/2)^2 solve for I
Hope it helps
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Keywords: Equations, variables

Learn more about linear equations at:

  • brainly.com/question/10809295
  • brainly.com/question/10364988

#LearnwithBrainly

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