Answered

Discover the answers to your questions at Westonci.ca, where experts share their knowledge and insights with you. Get detailed and accurate answers to your questions from a community of experts on our comprehensive Q&A platform. Connect with a community of professionals ready to provide precise solutions to your questions quickly and accurately.

find the value of r, where r represents interest rate in decimal form.
4,000,000=6,000(1+R)^200

Sagot :

RedRicin
[tex]4,000,000=6,000(1+r)^2^0^0 \\\\ 666.67 = (1+r)^2^0^0 \\\\ \sqrt[200]{666.67} = 1+r\\\\1.033 = 1 + r \\\\\boxed{0.33 = r}[/tex]
We hope this was helpful. Please come back whenever you need more information or answers to your queries. We appreciate your visit. Our platform is always here to offer accurate and reliable answers. Return anytime. We're glad you chose Westonci.ca. Revisit us for updated answers from our knowledgeable team.