Diff selection: Mark the radio buttons of the revisions to compare and hit enter or the button at the bottom.
Legend: (cur) = difference with latest revision, (prev) = difference with preceding revision, m = minor edit.
Legend: (cur) = difference with latest revision, (prev) = difference with preceding revision, m = minor edit.
| rev | Admin | (Created page with "'''Solution: E''' The equation of value (at the end of year 2) is <math display="block"> 100(1+i)^2+132=230(1+i) . </math> This is a quadratic in <math>i</math> and if we solve it, we get <math>i=.1</math> and <math>i=.2</math>. So the interest rate is either <math>10 \%</math> or <math>20 \%</math>. We cannot eliminate either answer. They are both possible. '''References''' {{cite web |url=https://web2.uwindsor.ca/math/hlynka/392oldtests.html |last=Hlynka |first=M...") | Nov 29'23 at 21:18 | +607 |