Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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Question
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Please explain how the results are 1.024189 and 0.024189
(Compound interest formula)
![Pi980
R971 (1+i)
(1+i)° = 146.776/118.368
= 1,024189
%3D
%3D
i = 0,024189](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fbd9be395-8847-4e35-811d-0c8042dacb9e%2Fd0ef6e4e-a044-43cc-b1bc-169d3ab4ad40%2F6nnu2fl_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Pi980
R971 (1+i)
(1+i)° = 146.776/118.368
= 1,024189
%3D
%3D
i = 0,024189
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