Question

helllppppp
A college student is looking at her monthly checking account records. On September 1, 2008, her checking account held a balance of $1,050. At the end of March 2009, her checking account held a balance of $800. What is the monthly rate of change for the student’s checking account over the period September 1, 2008 through March 31, 2009?

Answer 1

ln .761 = 6r

Answer 2

the rate will be 4.5 %

Answer 3

but to be exact it is (ln .761)/6