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Answer:
G=0.0728
Step-by-step explanation:
The expression given is:
This expression has the format of a compounded interest at a rate G for a time T. If B = 3,455, A = 1,969, and T = 8, the value of the rate G is determined by:
The rate G is 0.0728.
Answer: He earned 0.831% interest in total.
Step-by-step explanation:
Given: Shawn earned $2.77 per day for three days as interest on his $1,000.00 investment.
Interest per day = $2.77
Interest in 3 days = 3 x ($2.77)
= $8.31
Invested amount= $1000
Required percentage of earnings =
Hence, he earned 0.831% interest in total.