If an initial amount of money is invested and earns interest compounded annually at the rate of i(%), the "Rule 72" states that the
investment will double in about 72/i years. Determine the appropriate interest rate for the exact final amount of investment (S)
given by the function below using Secant method if an Initial amount (P) $25146.78 is invested in the span of n years. Use Ea <
0.0002 as terminating condition. Show the tabulated solution by filling out the table below. Use the lowest positive integers closest
to the actual interest value i having both positive function signs with io = lower integer value and iā = the higher integer value.
$$S = P(1+\frac{i}{100})^n$$
io
11
12
f(io)
f(i)
f(12)
Blank 1
Blank 2
Blank 3
Blank 4
Blank 5
Blank 6
Blank 7
Blank 8
Blank 9
Blank 10
Blank 11
Blank 12
Blank 13
Blank 14
Blank 15
Blank 16
Blank 17
Blank 18
