Answer:
10 hours to readm240
Step-by-step explanation:
For this you use A=Pe^(rt)
A=furutre amount
P=present amount
e=natural base
r=rate in decimal
t=times in years
A=?
P=5000000
r=0.04
t=30
A=5,000,000e^(0.04*30)
A=5,000,000e^(1.2)
A=16600584.613683
Answer:
Is that on YT
Step-by-step explanation:
So assuming simplet interest
find the change to find the interest
change=186000-129000=57000
simple interest=time times rate times principal
time is in years (8)
rate is in decimal
principal is amount invested (129000)
so
interest is 57000
57000=(8)(r)(129000)
57000=1032000r
divide both sides by 1032000
0.05523255813953488372093023255814=r
or
5.523255813953488372093023255814%
rounded
5.5%
