nckbizub1129p93wd3 nckbizub1129p93wd3
  • 22-05-2018
  • Mathematics
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how to solve for r and get the percentage

how to solve for r and get the percentage class=

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Shirukana
Shirukana Shirukana
  • 22-05-2018
Just begin to dissect the equation piece by piece

[tex]5790 = 4400(1 + \frac{r}{1} ) ^{5} [/tex]
[tex]1.3159 = (1 + \frac{r}{1} ) ^{5} [/tex]
[tex]1.0564 = 1 + \frac{r}{1} [/tex]
[tex].0564 = \frac{r}{1} [/tex]
[tex]r = .0564[/tex]
Thus as a percent this number would be 5.644%.
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