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.
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Algebra.Com's Answer #348506 by josmiceli(19441)\"\" \"About 
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\"++A+=+P%2A%281+%2B+r%29%5Et+\"
\n" ); document.write( "given:
\n" ); document.write( "\"+A+=+175+\"
\n" ); document.write( "\"+P+=+150+\"
\n" ); document.write( "\"+t+=+2+\"
\n" ); document.write( "\"++175+=+150%2A%281+%2B+r%29%5E2+\"
\n" ); document.write( "\"+%281+%2B+r%29%5E2+=+175+%2F+150+\"
\n" ); document.write( "\"+%281+%2B+r%29%5E2+=+7%2F6+\"
\n" ); document.write( "Take the square root of both sides
\n" ); document.write( "\"+1+%2B+r+=+1.08+\"
\n" ); document.write( "\"+r+=+.08+\"
\n" ); document.write( "The interest rate is 8%
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