document.write( "Question 792604: If anyone can please help me solve the question and please type it step by step so I can solve questions like this in the future.
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document.write( "What annual simple interest rate will increase Jacob Davidson's initial investment of $5,000 to $6,000 in two years? \n" );
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Algebra.Com's Answer #480077 by rfer(16322)![]() ![]() ![]() You can put this solution on YOUR website! I=Prt \n" ); document.write( "1000=5000*r*2 \n" ); document.write( "1000/10000=r \n" ); document.write( "r=0.1=10% \n" ); document.write( " |