A company invests $15,000.00 in an account that compounds interest annually. After two years, the account is worth $16,099.44. Use the function, where 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?
1.04%
3.6%
5.4%
7.3%

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So...Compund interest huh?

I think its rather just plug and play here.

You do know/have the equation required?

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