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January 31, 2015

January 31, 2015

Posted by **Smartypants** on Saturday, June 11, 2011 at 5:52am.

- Maths -
**drwls**, Saturday, June 11, 2011 at 6:32amSolve this for R (as a decimal):

10,000*(1 + R)^2 = 10,400

(1+R)^2 = 1.0400

1+R = 1.0198

R = 0.0198 or 1.98%

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