Answer:
hi
Step-by-step explanation:
B 10 times smaller so you were right
2.3%
18000 = 15000( 1 + i)^8
Divide both sides by 15000
1.2 = (1 + i)^8
Take both sides to the 1/8 power
1.2^(1/8) = 1 + i
1.023051875220463 = 1 + i
Subtract 1 from both sides
i = 0.023051875220463
~ 2.3%
:)
its actually really good ur good at math it can get you to great schools nothing to be ashamed of!
