[tex]\begin{gathered} A=\text{ 860} \\ P=1,190 \\ t=\text{ time = 8 years} \\ i=? \\ U\sin g\text{ the next equation} \\ P=A\mleft(1+i\mright)^t \\ \frac{P}{A}=(1+i)^t \\ \\ \text{the interest would be 0.041 in order to get \$1,190 in 8 years} \end{gathered}[/tex]
