bbrandi99
bbrandi99 bbrandi99
  • 03-04-2017
  • Mathematics
contestada

If $4200 is invested into a savings account for which interest is compounded semiannually, and if the $4200 turns into $4900 in 4 years, what is the interest rate of the savings?

Respuesta :

zenforlife
zenforlife zenforlife
  • 03-04-2017
0.4794520547945205 a day for 4 years

175 a year X 4

700
Answer Link
dragonwarrior2118
dragonwarrior2118 dragonwarrior2118
  • 16-01-2019

Apex Answer: 3.89 percent



Answer Link

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