SOLUTION: how do you find the interest rate of this account math word problem? Serena places $2000 in an interest-earning account where the interest compounds annually,after twoyears there i

Question 1154320: how do you find the interest rate of this account math word problem? Serena places $2000 in an interest-earning account where the interest compounds annually,after twoyears there is $2130.60in the account> use this formula $2000(1+r)^2=2123.60
Found 2 solutions by MathLover1, MathTherapy:
Answer by MathLover1(20855) (Show Source): You can put this solution on YOUR website!

.....find the interest rate, solve for

=> %
Answer by MathTherapy(10810) (Show Source): You can put this solution on YOUR website!
how do you find the interest rate of this account math word problem? Serena places $2000 in an interest-earning account where the interest compounds annually,after twoyears there is $2130.60in the account> use this formula $2000(1+r)^2=2123.60

Interest rate, or
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