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October 1, 2014

October 1, 2014

Posted by **carmelo** on Friday, March 15, 2013 at 10:22am.

A.) 1.04%

*B.) 3.6%

C.) 5.4%

D.) 7.3%

Thanks.

- Math -
**Reiny**, Friday, March 15, 2013 at 11:05am16099.44 = 15000(1+i)^2

1.073296 = (1+i)^2

1+i = √1.073... = 1.036

i = .036 or 3.6%

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