Question:
Use the formula A = P(1+r)ᵗ to find the rate r at which
Last updated: 8/6/2022
Use the formula A = P(1+r)ᵗ to find the rate r at which $5000 compounded annually grows to $6050 in 2 years. r= (Round to the nearest percent as needed.)
Last updated: 8/6/2022
Use the formula A = P(1+r)ᵗ to find the rate r at which $5000 compounded annually grows to $6050 in 2 years. r= (Round to the nearest percent as needed.)