Got Homework?
Connect with other students for help. It's a free community.
Here's the question you clicked on:
 0 viewing

This Question is Closed

SqueeSpleen Group TitleBest ResponseYou've already chosen the best response.2
I thinks it's: Simple interest: (1(Current/initial))/years
 one year ago

sara1234 Group TitleBest ResponseYou've already chosen the best response.0
can you show me how to do it step by step please so i can use it as an example?
 one year ago

SqueeSpleen Group TitleBest ResponseYou've already chosen the best response.2
It's simple interest rate, so, if it's X anual, in Y years it will be: Y*X In this case, we don't know X, but Y is 17 So its 17*X Then it's: 1+(17*X/100) (the /100 is because it's percent) Then We know the initial quantity, 2.567, was multiplied by: (1+(17*X/100)) and after this, we got 4443.48 So: 2567*(1+(17*X/100))=4443.48 Which is: Initial quantity(1+(Years*Interest Rate))=Final Quantity Interest rate is the X, and the other numbers are things we know. So, we insolate the X: 1+(17*X/100)=4443.48/2567 (17*X/100)=4443.48/25671 17*X=(4443.48/25671)*100 X=(4443.48/25671)*100/17
 one year ago

sara1234 Group TitleBest ResponseYou've already chosen the best response.0
so it's 4.3 percent
 one year ago

sara1234 Group TitleBest ResponseYou've already chosen the best response.0
what do you think this is i can't tell very well
 one year ago
See more questions >>>
Your question is ready. Sign up for free to start getting answers.
spraguer
(Moderator)
5
→ View Detailed Profile
is replying to Can someone tell me what button the professor is hitting...
23
 Teamwork 19 Teammate
 Problem Solving 19 Hero
 Engagement 19 Mad Hatter
 You have blocked this person.
 ✔ You're a fan Checking fan status...
Thanks for being so helpful in mathematics. If you are getting quality help, make sure you spread the word about OpenStudy.