document.write( "Question 917153: Kara plans to invest $7,500 into an account with the interest compounded monthly. According to the bank officer, her balance will be $10,325 after 10 years. How do you determine the interest rate for her account using the compound interest formula?\r
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document.write( "A=
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Algebra.Com's Answer #556559 by ewatrrr(24785)![]() ![]() You can put this solution on YOUR website! In General \n" ); document.write( "A = Accumulated Amount \n" ); document.write( "P= principal = \n" ); document.write( "r= annual rate = . \n" ); document.write( "n= periods per year = 12 \n" ); document.write( "t= years = 10 \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( " |