document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1033786>Question 1033786</A>: <I><SPAN STYLE=\"word-break: break-all;\"> if $P are invested at an interest rate r compunded annually, at the end of 5 years the amount will be?  A=P(1=r)^5\r<BR>\n" );
document.write( "\n" );
document.write( "at what interest rate will $3000 increase to $5500 in 5 years? r=\r<BR>\n" );
document.write( "\n" );
document.write( " </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #649065 by </B><A HREF=/tutors/aboutme.mpl?userid=robertb><B>robertb(5830)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=robertb><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=robertb><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=649065\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A=P%281%2Br%29%5E5 ALIGN=MIDDLE  ALT=\"A=P%281%2Br%29%5E5\"   DISABLED_style= \"max-width:90%; height:auto;\" > ==> <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=5500+=+3000%281%2Br%29%5E5 ALIGN=MIDDLE  ALT=\"5500+=+3000%281%2Br%29%5E5\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
document.write( "\n" );
document.write( "==> <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=11%2F6+=+%281%2Br%29%5E5 ALIGN=MIDDLE  ALT=\"11%2F6+=+%281%2Br%29%5E5\"   DISABLED_style= \"max-width:90%; height:auto;\" >  ==> <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=r+=+root%285%2C+11%2F6%29-1+=+0.12888 ALIGN=MIDDLE  ALT=\"r+=+root%285%2C+11%2F6%29-1+=+0.12888\"   DISABLED_style= \"max-width:90%; height:auto;\" > to five significant figures.\r<BR>\n" );
document.write( "\n" );
document.write( "Therefore, r  = 12.9%. </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );