Ask your own question, for FREE!
Mathematics 21 Online
OpenStudy (anonymous):

In order for an investment of $850 to grow to more than $1020 in 4 years, what must the annual interest rate be? A = P(1 + rt). r > 10% or r < 5%

OpenStudy (anonymous):

i did it like this.

OpenStudy (anonymous):

a=850(1+(.05)(4) =1020

Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!
Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!