Rosita earned $ 84.55 interest over the period of 146 days on a term deposit with a principal of $2,562.12 that paid r percent per year. What was the value ofr? *

College Algebra
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ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter6: Exponential And Logarithmic Functions
Section6.1: Exponential Functions
Problem 65SE: Jamal wants to save 54,000 for a down paymenton a home. How much will he need to invest in anaccount...
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Rosita earned $ 84.55 interest over the period of 146 days on a term
deposit witha principal of $2,562.12 that paid r percent per year. What was
the value of r?
Transcribed Image Text:Rosita earned $ 84.55 interest over the period of 146 days on a term deposit witha principal of $2,562.12 that paid r percent per year. What was the value of r?
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