Mrs. emily francis saves rm10 000 in a bank . by the end of the eighth year , the money collected amounts to rm19 992.71.if the bank pays an annual interest of x% for a year and is compounded every 6months , calculate the value of x

8.85% per year

Step-by-step explanation:

To find the interest rate of a compounding interest, we use the formula:

Before we start solving, let's break down all the variables that we have.

A = 19,992.71

P = 10,000.00

n = 2

t = 8

r = ?

Now let's put the values into the formula.

or

So the rate the Mrs. Emily Francis got from the bank was 8.85% per year.

when studying polynomials, you often hear the terms zeros, roots, factors and x x the multiplicity of a zero is important because it tells us how the graph of the let's look at the graph of a function that has the same zeros

step-by-step explanation: