Question

use the formula A=P(1+r)^2 to solve following problem. Find the rate r at which $500,000 grows to $661,250 in 2 years.

Answer 1

plug n' chug :)

Answer 2

A = P(1 + r)^2
A = 661,250
P = 500,000
Solve for r

Answer 3

yeah i just keep getting the wrong answer

Answer 4

thanks...you guys are so much help....:/

Answer 5

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