anonymous
  • anonymous
Last one, using A=P(1+r)^t find interest rate. 1)$6000 grows to $6760 in 2 years
Mathematics
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SOLVED
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chestercat
  • chestercat
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anonymous
  • anonymous
6760=6000(1+r)^2 and solve for r
anonymous
  • anonymous
its the ^2 power thast got me confused, how do i distribute that?
anonymous
  • anonymous
don't divide by 6000, take the square root, subtract 1

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anonymous
  • anonymous
don't, start by dividing by 6000 and then take the square root of both sides.
anonymous
  • anonymous
dived by 6000 than square root it

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