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Find the annual rate. 1. =$24, P=$400, t=2 years 2. I=$54, P=$900, t=1 year

Find the annual rate. 1. =$24, P=$400, t=2 years 2. I=$54, P=$900, t=1 year
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1 vote
Find the annual rate.
1. =$24, P=$400, t=2 years
2. I=$54, P=$900, t=1 year

User Tomer Shetah
by
7.8k points

1 Answer

2 votes

Answer: for number one it is t=2

And for number 2 the answer is t=1

Explanation:

User Alex Garulli
by
8.2k points
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