Find the best answers to your questions at Westonci.ca, where experts and enthusiasts provide accurate, reliable information. Our Q&A platform offers a seamless experience for finding reliable answers from experts in various disciplines. Discover in-depth answers to your questions from a wide network of professionals on our user-friendly Q&A platform.

Find the interest rate if $6600 has
a final value of $8847 in 4 years.
Give your answer to 1 d.p.


Sagot :

Answer:

Interest = $ 2247.00

Step-by-step explanation:

principal=$6600

Amount=$8847

time=4 years

Interest=Amount - principal

=$8847 - $ 6600

=$2247 =

=$2247.00