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Posted: June 27th, 2020

Rate of Interest Assignment | Assignment Help Services

If P dollars is invested at r rate of interest compounded anually t years, then the amount of money, A, accummulated at the end of t years is given by the formula A = P (1 + r)t Barbara invested $150 at a certain rate of interest compounded anually for two years. If the accumulated value at the end of two years is $175, find the rate of interest

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