Question: solve for r Use the formula for future value, A = P(1 + rt), and elementary algebra to find the missing quantity. A =$1,420; P

solve for r

Use the formula for future value, A = P(1 + rt), and elementary algebra to find the missing quantity. A =$1,420; P = $1,000; t = 6 years r= % (Simplify your answer.)

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