Tchance11 Tchance11

23-06-2017
Mathematics

contestada

A gift of 6000 to a city grew to 4000000 in 200 years. At what interest rate compounded annually would this growth occur

Respuesta :

jorel1380 jorel1380

28-06-2017

4000000/6000=666.67
(1+r)^200=666.67
ln (1+r)^200=ln 666.67
200 ln (1+r)=ln 666.67
e^ln (1+r)=e^.03251145
1+r=1.0330457
r=0.0330457, or 3.30457% APR

Answer Link

Otras preguntas

what does it mean when someone is said to ''rust out''?

Mr. Rowley has 16 papers and 14 exit tickets to return. Ms. Rivera has 64 homework papers and 60 exit tickets to return. For each teacher, write a ratio to repr

is 1/7 rational or irrational

The biologist discovered that from 1988 to 1993, the average beak size declined to pre-1981 levels. The reversal in beak size from 1988 to 1993 was most likely

what is .8 repeating as a fraction

graph this equation 3x+4y=12

how did harriet bishop impact the future of minnesota

The sum of 2a and 3b

what is .27 repeating as a fraction

The biologist discovered that from 1988 to 1993, the average beak size declined to pre-1981 levels. The reversal in beak size from 1988 to 1993 was most likely