
Patrick B. answered 03/05/20
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(31)
Math and computer tutor/teacher
2 = B^60
log 2 = 60 * log B
log 2 / 60 = log B
10^ ( log 2/ 60) = B
B = 1.01161944030192225-
taking away 100% the interest rate is
.01161944030192225- or just under 1.162%