1 Answered Questions for the topic Root Method

Root Method Compound Future Value

04/08/15

The future vale of $5000 invested for 4 years at the rate of r compounded annually is given by S=5000(1+r)^4
The future value of $5000 invested for 4 years at the rate of R compounded annually is given by S=5000(1+r)^4. A. Use the root method to find the rate r, as a percent, for which the future value... more
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