document.write( "Question 814331: $1500 was invested for 2 years in an account that pays interest compounded annually. What was the interest rate if the investment was worth $1800 after 2 years \n" ); document.write( "
Algebra.Com's Answer #490234 by ewatrrr(24785)\"\" \"About 
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\n" ); document.write( "Hi,
\n" ); document.write( " In General \"A+=+P%281%2Br%2Fn%29%5E%28nt%29\"
\n" ); document.write( "A = Accumulated Amount 1800
\n" ); document.write( "P= principal = 1500
\n" ); document.write( "r= annual rate = .
\n" ); document.write( "n= periods per year = 1 (annually)
\n" ); document.write( "t= years = 2
\n" ); document.write( "\"1800+=+1500%281%2Br%29%5E%282%29\"
\n" ); document.write( "\"1800%2F1500+=+6%2F5+=+%281%2Br%29%5E%282%29\"
\n" ); document.write( " \"sqrt%286%2F5%29+-+1+=+r+\" \n" ); document.write( "
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