The answer is the same as the question. 1.75
Answer:
-6
Step-by-step explanation:
is -6
Answer: The answer is 1/21
Step-by-step explanation:
The formula for compound interest
A = P( 1 + r/n) ^ (nt)
A is the amount in the account at the end
P is the principal balance or the amount initially invested
r is the annual interest rate in decimal form
n is the number of times it is coupounded per year
t is the number of years
A = 1800 ( 1+ .0375/1) ^ (1*6)
A = 1800 ( 1.0375)^6
A = 2244.92138
Rounding to the nearest cent
A = 2244.92
Because logarithms were a lot less time-consuming than other methods of finding roots. They were also more accurate in the sense that it was harder to make a mistake.
