If you me ill give you a million bucks.

*just set up the equation for

juan invested $5,000 for 6 years and makes a total of $1,680 of interest. what was the interest rate on his investment?

Here it is solved for rate:

log(1 + rate) = {log(total) -log(Principal)} ÷ Years

Let's work through your example:

log(1 + rate) = {log(6,680) -log(5,000)} / 6

log(1 + rate) = (3.8247764625 -3.6989700043) / 6

log(1 + rate) = 0.020967743

If we raise 10 to the 0.020967743 power

10^0.020967743  it produces 1 plus the rate

1 plus the rate = 10^0.020967743 = 1.0494644773

There fore the rate = .0494644773 which equals

4.94644773 per cent

Source:  https://www.1728.org/compint2.htm

Step-by-step explanation:

the probability is 0

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step-by-step explanation: