document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=360654>Question 360654</A>: <I><SPAN STYLE=\"word-break: break-all;\"> the formula a=p(1+r)2 gives the amount A dollar that P dollars will grow to in 2 years at interest rate R (when R is given as a decimal) using compound interest what interest rate will cause 3000 to grow to 3182.70 in two years? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #257379 by </B><A HREF=/tutors/aboutme.mpl?userid=nerdybill><B>nerdybill(7384)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=nerdybill><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=nerdybill><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=257379\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> the formula a=p(1+r)2 gives the amount A dollar that P dollars will grow to in 2 years at interest rate R (when R is given as a decimal) using compound interest what interest rate will cause 3000 to grow to 3182.70 in two years?<BR>\n" );
document.write( ".<BR>\n" );
document.write( "Plug in what's given into:<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=a=p%281%2Br%29%5E2 ALIGN=MIDDLE  ALT=\"a=p%281%2Br%29%5E2\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=3182.70=3000%281%2Br%29%5E2 ALIGN=MIDDLE  ALT=\"3182.70=3000%281%2Br%29%5E2\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "Solve for r:<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=3182.70%2F3000=%281%2Br%29%5E2 ALIGN=MIDDLE  ALT=\"3182.70%2F3000=%281%2Br%29%5E2\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=sqrt%283182.70%2F3000%29+=+1%2Br ALIGN=MIDDLE  ALT=\"sqrt%283182.70%2F3000%29+=+1%2Br\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=sqrt%283182.70%2F3000%29+-+1+=+r ALIGN=MIDDLE  ALT=\"sqrt%283182.70%2F3000%29+-+1+=+r\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=sqrt%281.0609%29+-+1+=+r ALIGN=MIDDLE  ALT=\"sqrt%281.0609%29+-+1+=+r\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=1.03+-+1+=+r ALIGN=MIDDLE  ALT=\"1.03+-+1+=+r\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=.03+=+r ALIGN=MIDDLE  ALT=\".03+=+r\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "or,<BR>\n" );
document.write( "r = 3% </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );