Math Problem Statement

If I can do 0,81% interest rate in a period of 9h investment, how many days I will need to achieve 10% of interest rate knowing that I will be investing/working during only 8h in a 24h day?

Solution

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Math Problem Analysis

Mathematical Concepts

Interest Rates
Compounding

Formulas

Compound Interest Formula

Theorems

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Suitable Grade Level

Adult Learners