SOLUTION: find the intrest rate using a=p(1+r)^t $2560 grows to $4840.00 in 2 years
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Question 63770: find the intrest rate using a=p(1+r)^t $2560 grows to $4840.00 in 2 years
Answer by josmiceli(19441) (Show Source): You can put this solution on YOUR website!
p = 2560
a = 4840
t = 2
The rate is 37.5 %
check
pretty close, I rounded off calculations
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