document.write( "Question 458894: When P dollars is invested at interest rate i, compound annually, for t years, the investment grows to A dollars, where A=P(1+i)^t. Find interest rate i if $80,000 grows to $92,610 in three years.\r
\n" ); document.write( "\n" ); document.write( "the interest rate _____% (round to nearest hundredth)
\n" ); document.write( "

Algebra.Com's Answer #314767 by richwmiller(17219)\"\" \"About 
You can put this solution on YOUR website!
92610=80000(1+x)^3
\n" ); document.write( "x=.05\r
\n" ); document.write( "\n" ); document.write( "5% interest\r
\n" ); document.write( "\n" ); document.write( "
\n" ); document.write( "
\n" );