
Mark M. answered 10/25/20
Tutor
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Mathematics Teacher - NCLB Highly Qualified
16142 = 12200e36t
1.323114754 = e36t
ln 1.323114754 ≈ 36t
CHRISTIAN B.
asked 10/25/20Use the continuous compound interest formula to find the indicated value.
A=$16,142; P=$12,200; t=36 months; r=?
r=__________%
(Round to three decimal places as needed.)
Mark M. answered 10/25/20
Mathematics Teacher - NCLB Highly Qualified
16142 = 12200e36t
1.323114754 = e36t
ln 1.323114754 ≈ 36t
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CHRISTIAN B.
does not say what the % is.10/25/20