An account grows with a force of interest of .0334 per year. What is the interest rate?

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter7: Exponents And Exponential Functions
Section: Chapter Questions
Problem 68SGR
icon
Related questions
Question

Vi

An account grows with a force of interest of .0334 per year. What is the interest rate?
Transcribed Image Text:An account grows with a force of interest of .0334 per year. What is the interest rate?
Expert Solution
steps

Step by step

Solved in 3 steps with 7 images

Blurred answer