What was the interest rate if your balance on an investment of $830 at the end of one year is $871.50?
1 answer:
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Since we have 2 numbers, we'll be square rooting.
All we have to do to find the mean is multiply & square root the products.
30 × 6 = 180
You can use the same process and check my answer if you'd like; I rounded the square root, so you may get a different answer.
All we have to do to find the mean is multiply & square root the products.
30 × 6 = 180
You can use the same process and check my answer if you'd like; I rounded the square root, so you may get a different answer.
