Jawaban dari "A finance company offers compound interest to all its investors. Calculate : Investment value = RM 5..."

Jika kamu lagi mencari jawaban mengenai soal A finance company offers compound interest to all its investors. Calculate : Investment value = RM 52 500, Matured value =RM 84 551.78, Time = 5 years, interest is compounded every year. Calculate the interest rate.​ ente berada di tempat yang tepat. Kami punya 2 jawaban dari A finance company offers compound interest to all its investors. Calculate : Investment value = RM 52 500, Matured value =RM 84 551.78, Time = 5 years, interest is compounded every year. Calculate the interest rate.​. Silakan lihat jawaban selengkapnya disini:

Jawaban:

10%

Penjelasan dengan langkah-langkah:

the general formula:

V = P* (1+i) ^T

84,551.78 = 52,500 (1+i) ^5

(1+i) ^5 = 84,551.78 / 52,500

= 1.6105101

1+i = (1.6105101)^(1/5)

= 1.10

i = 1.10 - 1 = 0.10

so, the interest rate per year = 0.10 = 0.10 × 100%

= 10%

Jawaban:

A = P (1 + i)ⁿ

A = final amount = 84,551.78

P = intial principal balance = 52,500

i = interest rate = ?

n = number of time period = 5 years

84,551.78 = 52,500 (1 + i)⁵

(1 + i)⁵ = 84,551.78 / 52.500

(1 + i)⁵ = 1.6105100952

1 + i = 1.10

i = 0.10

i = 10%

so, the interest rate = 10%