Solved

Solve
-Use the Formula $A = P ( 1 + r ) ^ { t }$

Question 48

Multiple Choice

Solve.
-Use the formula $A = P ( 1 + r ) ^ { t }$ . Find the rate, $r$ , at which $\$ 600$ grows to $\$ 739$ in 2 years.

A) $22 \%$
B) $11 \%$
C) $12 \%$
D) $10 \%$

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