Mathematics, 08.10.2019 05:00 benjaminatkinson1

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the value of an investment can be predicted using the function it=p1.078t where p is the initial amount invested and t is the number of years the money has been invested. what is the annual interest rate?
a. to the nearest tenth of a percent,
b. what is the quarterly interest rate?

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Need the value of an investment can be predicted using the function it=p1.078t where p is the initial amount invested and t is the number of years the money has been invested. what is the annual interest rate? a. to the nearest tenth of a percent, b. what is the quarterly interest rate?

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Another question on Mathematics

Need
the value of an investment can be predicted using the function it=p1.078t where p is the initial amount invested and t is the number of years the money has been invested. what is the annual interest rate?
a. to the nearest tenth of a percent,
b. what is the quarterly interest rate?