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OpenStudy (lrki):
Can someone please help? a company invests 15,000,00 in an account that compounds interest annually. after two years the account 16,099,44. use the function in which r is the annual interest rate, p is the principal, and a is the amount of money after t years. what is the interest rate of the account? A=P(1+r)^t A. 1.04% B.3.6% C.5.4% D.7.3%
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