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2 years ago

12

Consider the compound interest equation B(t)=100(1.1664)t. Assume that n=2, and rewrite B(t) in the form B(t)=P(1+rn)nt. What is

the interest rate, r, written as a percentage? Enter your answer as a whole number, like this: 42

1 answer:

Helen [10]2 years ago

3 0

The answer is I think 108

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