document.write( "Question 1160788: An amount was invested at r% per quarter. What value of r will ensure that accumulated amount at the end of one year is 1.5 times more than amount invested? Correct to 2 decimal places.
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Algebra.Com's Answer #784189 by greenestamps(13200)\"\" \"About 
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\n" ); document.write( "\"%281%2Bx%29%5E4+=+1.5\"
\n" ); document.write( "\"1%2Bx+=+%281.5%29%5E%281%2F4%29\" = 1.106682 to several decimal places

\n" ); document.write( "\"x+=+0.106682\" = 10.67%, rounded to 2 decimal places

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