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At what rate was an investment made that obtains $320.00 on $500 over eight years?

At what rate was an investment made that obtains $320.00 on $500 over eight years?
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At what rate was an investment made that obtains $320.00 on $500 over eight years?

asked
User Imperezivan
by
7.9k points

1 Answer

5 votes
suppose
the interest
30
500x(1)8=32300
(n{=64
n ^1.01
2/2
rate is
n
(Be
calculation)
answered
User Mehak
by
8.0k points
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