Answer:
what this is so confusing
4900=4200(1+r/2)^(2*4)
Solve for r
R=(4900/4200)^(1/8))-1)*2
R=((4,900÷4,200)^(1÷8)−1)×2
R=0.039*100=3.9%
Answer:
The nearest hundredth would be in the second decimal place. It would be 967.99 as you would round down to get there.
Step-by-step explanation
when you subtract a negative number from any platitude number the equation changes to addition so you would add the value of the negative number to 1.