Question: The formula A = P(1 + r)2 gives the amount A in dollars that P dollars will grow to in 2 years at interest rate

The formula A = P(1 + r)2 gives the amount A in dollars that P dollars will grow to in 2 years at interest rate r (where r is given as a decimal), using compound interest. What interest rate will cause $3000 to grow to $3213.68 in 2 years

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