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use the compound interest formula A=P(1+r)t and the given information to solve for r. A=$2700, P=$2200 , t=3 r = ?

use the compound interest formula A=P(1+r)t and the given information to solve for r.

A=$2700, P=$2200 , t=3

r = ?% ( round to the nearest hundredth)

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1 comment
  • Please note it is a cube root not square root. That is, r is (cube root of 1.2273) - 1.
    • gauri.mohan
    • May 08, 2018 at 2:03am

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