Answer:
The correct solution is "4.6".
Step-by-step explanation:
Given:
Interest rate,
r = 6.2%
or,
= 0.062
Amount,
A = 100000
Principle,
P = 76000
As we know,
⇒ 
On substituting the values, we get
⇒ 
⇒ 
On taking log both sides, we get
⇒ 
⇒ 
By putting the values of log, we get
⇒ 
or,
⇒
Check out the picture I've got the full explanations on there
Hope it's clear
Answer:
You are taking away 4 each time
Step-by-step explanation:
25 - 4 = 21
21 - 4 = 17
17 - 4 = 13
13 - 4 = 9