Mathematics, 12.02.2020 03:21 sierratellman
At the end of 2 years, P dollars invested at an interest rate r compounded annually increases to an amount, A dollars, given by the following formula. Upper A equals Upper P (1 plus r )squared Find the interest rate if $100 increased to $196 in 2 years. Write your answer as a percent.
Answers: 1
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At the end of 2 years, P dollars invested at an interest rate r compounded annually increases to an...
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