Register

If $1200 grows to $1800 after 3 with interest compounding weekly what was the annual interest rate!?.

If $1200 grows to $1800 after 3 with interest compounding weekly what was the annual interest rate!?.
208k views
3 votes
If $1200 grows to $1800 after 3 with interest compounding weekly what was the annual interest rate!?.

User Paul S Chapman
by
8.4k points

2 Answers

1 vote
took me more than a while i was confused for a bit but here is the solution
If $1200 grows to $1800 after 3 with interest compounding weekly what was the annual-example-1
User Miad Abrin
by
8.0k points
2 votes
the interest rate is 6%
User Amal Ajith
by
7.9k points
← Prev Question Next Question →

Related questions

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
Link Copied!