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Interest rate. Multiple choice

Interest rate. Multiple choice
asked 18.6k views
19 votes
Interest rate. Multiple choice

Interest rate. Multiple choice-example-1
asked
User Josianne
by
7.6k points

1 Answer

9 votes

Answer:

A. 9.9%

Explanation:


{e}^(14r) = 4


ln(4) = 14r


r = ( ln(4) )/(14) = .099 = 9.9\%

answered
User XTwisteDx
by
8.6k points
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