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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anonymous
  • anonymous
Last one, using A=P(1+r)^t find interest rate. 1)$6000 grows to $6760 in 2 years
Mathematics
chestercat
  • chestercat
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At vero eos et accusamus et iusto odio dignissimos ducimus qui blanditiis praesentium voluptatum deleniti atque corrupti quos dolores et quas molestias excepturi sint occaecati cupiditate non provident, similique sunt in culpa qui officia deserunt mollitia animi, id est laborum et dolorum fuga. Et harum quidem rerum facilis est et expedita distinctio. Nam libero tempore, cum soluta nobis est eligendi optio cumque nihil impedit quo minus id quod maxime placeat facere possimus, omnis voluptas assumenda est, omnis dolor repellendus. Itaque earum rerum hic tenetur a sapiente delectus, ut aut reiciendis voluptatibus maiores alias consequatur aut perferendis doloribus asperiores repellat.

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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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