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OpenStudy (anonymous):
Invested 5.5mil in a project ten years ago. As of today the worth of the project is 24.7mil. What is the annual interest rate has the project been earning if the interest is compounded monthly?
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OpenStudy (anonymous):
@perl Could you help me with this last question?
OpenStudy (perl):
still need help?
OpenStudy (anonymous):
Yeah, I know I need to solve for i, but what would the rearranged equation look like?
OpenStudy (perl):
one sec
OpenStudy (anonymous):
ok
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OpenStudy (perl):
|dw:1413364078717:dw|
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