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OpenStudy (anonymous):
What annual simple interest rate will increase Jacob Davidson's initial investment of $5,000 to $6,000 in two years?
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OpenStudy (anonymous):
is their multiple choice
OpenStudy (anonymous):
1000 = 5000 * r * 2
OpenStudy (anonymous):
find r
OpenStudy (anonymous):
Yes. The choices are 6%, 4% 5% 10% @HelpMePlease?
OpenStudy (anonymous):
10% by cools calculations.
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OpenStudy (anonymous):
Thanks guys :) @Coolsector @HelpMePlease?
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