Mathematics, 06.07.2019 08:00 qwerty9951

The formula a equals =p left parenthesis 1 plus r right parenthesis squared (1+r)2 gives the amount a in dollars that p dollars will grow to in 2 years at interest rate r left parenthesis where (where r is given as a decimal right parenthesis comma decimal), using compound interest. what interest rate will cause $6000 to grow to $6427.35 in 2 years?

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The formula a equals =p left parenthesis 1 plus r right parenthesis squared (1+r)2 gives the amount...