Adam put $$100$ in a savings account. After $10$ years, he had $$1649$ in the account. What rate of interest did he earn? Use the formula $\mathrm{????}=\mathrm{????}\mathrm{????}\mathrm{????}\mathrm{????},$ where $\mathrm{????}$ is the ending amount, $\mathrm{????}$ is the principal $($initial amount$),\mathrm{????}$ is the interest rate, and $\mathrm{????}$ is time.

Answer rating: 100% (QA)

To find the rate of interest Adam earned we can use the formula ... View the full answer