Mathematics
Mathematics, 21.10.2019 21:00, Carlyalexis641

The formula a=p(1+r)^2 gives the amount a in dollars that p dollars will grow to in 2 years at interest rate r (where r is given as a decimal), using compound interest. what interest rate will cause $ 5000 to grow to $ 5304.50 in 2 years?

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The formula a=p(1+r)^2 gives the amount a in dollars that p dollars will grow to in 2 years at inter...

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