document.write( "Question 526413: p=dollars. r=rate of interest compounded anually. A= accummulated at the end of t years given by the formula. A=p(1+r)^t.\r
\n" );
document.write( "\n" );
document.write( "George invested $150.00 at a certian rate of interest compounded anually for two years. If the accumulated value at the end of two years is $175.00, find the rate of interest. \n" );
document.write( "
Algebra.Com's Answer #348506 by josmiceli(19441)![]() ![]() You can put this solution on YOUR website! \n" ); document.write( "given: \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "Take the square root of both sides \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "The interest rate is 8% \n" ); document.write( " |