Using the formula
ending amount is 1649=a
p=initial amount=100
t=10
r=r
so
1649=100e^{10r}
divide both sides by 100
16.49=e^{10r}
take ln of both sides
ln(16.49)=10r
divide both sides by 10
(ln(16.49))/10=r
use calculator
0.28027=r
about 28% interest
In general if multiplying, move decimal to RIGHT by whatever the exponent is.
In this example 10^1, the exponent = 1
9.4 with decimal moved 1 place to right = 94
Answer:
cant rlly read the question
Step-by-step explanation:
Answer:
Tim has 64 dollars. I did the math and I know I'm right
Answer:
14
Step-by-step explanation:
61.68 = 62
48.225= 48
62-48= 14