SOLUTION: the formula A=P(1+r)2 gives the amount A in dollars that P dollars will grow to in 2 years at int rate R (where R is given as a decimal) using compound interest what int. rate will
Question 361010: the formula A=P(1+r)2 gives the amount A in dollars that P dollars will grow to in 2 years at int rate R (where R is given as a decimal) using compound interest what int. rate will cause $6000.00 to grow $6741.60 in 2 years ? Answer by josmiceli(19441) (Show Source):