The annual rate, r, compounded annually, it takes for 1 dollar to grow to A dollars in

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The annual rate, r, compounded annually, it takes for 1 dollar to grow to A dollars in 2 years is given by the formula A = (1+ r²). Find the rate necessary for a dollar to double in 2 years.

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Nature Of Mathematics

ISBN: 9781133947257

13th Edition

Authors: Karl J. Smith

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Question Posted: Jan 16, 2024 03:02 AM

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The annual rate, r, compounded annually, it takes for 1 dollar to grow to A dollars in

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Find r when A 2 so so...View the full answer

Nature Of Mathematics

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