Asked by jameel
a gift of $3000 a grew $7,000,000 in 200 years. At what rate compounded anually would this growth occur
Answers
Answered by
me
let x= growth rate
7000000 = 3000 (1+x)^200
solve
x= 0.039536837 :)
7000000 = 3000 (1+x)^200
solve
x= 0.039536837 :)
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