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Phổ biến >

Find the rate at which 9, 600 compounded annually grows to 12, 696 in 2 years.

Lời Giải

Find the rate at which 9, 600 compounded annually grows to 12, 696 in 2 years.

Lời Giải

Rate : 15%

Các bước giải pháp

Translate the problem into an equation:

12696 = 9600 (1 + \frac{r}{1})^{1 \cdot 2}

Giải

r, 12696 = 9600 (1 + \frac{r}{1})^{1 \cdot 2} : r = 15%

Rate : 15%

Ví dụ phổ biến

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