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Which equation illustrates how the expression 1.15^t can be rewritten to approximate the equivalent monthly interest rate if the annual rate is 15%?

Which equation illustrates how the expression 1.15^t can be rewritten to approximate the equivalent monthly interest rate if the annual rate is 15%?
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which equation illustrates how the expression 1.15^t can be rewritten to approximate the equivalent monthly interest rate if the annual rate is 15%?

asked
User Scottynomad
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8.2k points

1 Answer

3 votes
sorry if this answer wrong



answered
User Jokomo
by
8.5k points
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