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Interest rate. Multiple choice

Interest Rate Multiple Choice class=

Sagot :

Answer:

A. 9.9%

Step-by-step explanation:

[tex] {e}^{14r} = 4[/tex]

[tex] ln(4) = 14r[/tex]

[tex]r = \frac{ ln(4) }{14} = .099 = 9.9\%[/tex]