Question

$29152000=$600(1+r)^92 solve:

Answer 1

use ur calculator

Answer 2

Can you tell me first step?

Answer 3

divide 600 both sides

Answer 4

I did that

Answer 5

\((1+r)^{92}=(1+(92r)/92)^{92}\approx e^{92r}\) so the answer is roughly \(r\approx\frac1{92}\log(145760/3)\)