Math Problem Statement
6. ¿Qué tasa de interés nominal ha ganado un capital de $20,000 que se ha incrementado a $50,000 en 3 años, si dicho interés se capitaliza: a) Mensualmente?
Solution
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Math Problem Analysis
Mathematical Concepts
Compound Interest
Exponential Growth
Formulas
Compound Interest Formula: A = P(1 + r/n)^(nt)
Theorems
Compound Interest Theorem
Suitable Grade Level
Grades 10-12
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