![\sqrt[8]{1.1667} =1+0.5r\\\\\\1.0195=1+0.5r\\\\\\1.0195-1=0.5r\\\\\\0.0195=0.5r\\\\\\\frac{0.0195}{0.5} =\frac{0.5r}{0.5} \\\\\\0.039=r](/tpl/images/0172/1999/180e1.png)
If $4200 is invested in a savings account for which interest is compounded
semiannually, and i...
Mathematics, 06.08.2019 10:10 robert7248
If $4200 is invested in a savings account for which interest is compounded
semiannually, and if the $4200 turns into $4900 in 4 years, what is the interest
rate of the savings account?
Answers: 1
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