Monday
September 22, 2014

Homework Help: Plz Hel, word problem:)

Posted by Jesee on Friday, September 24, 2010 at 10:46pm.

I have tried hard to solve, but I'm stuck....

Letís use our knowledge of quadrantic equations to analyze a real world business application. If P dollars is invested at r rate of interest compounded anually t years, then the amount of money, A, accummulated at the end of t years is given by the formula
A = P (1 + r)t
Barbara invested $100 at a certain rate of interest compounded anually for two years. If the accumulated value at the end of two years is $121, find the rate of interest.

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

Math Help plz!!! Really need help. - Use the Systematic Trial to solve this ...
Algebra 1 HELP PLZ!!! - Use the Substitution method to solve the system of ...
Math - Explain a real-world problem that you used math to solve. What ...
Coordinates in the real world - I really need a real-world application in which ...
Math - Use your knowledge of exponents to solve. a) 1/2^x=1/(x+2) b) 1/2^x>1/...
Algebra1!Plz help I have test 2morrow!!! - so would the new eqaution be... 2x+8=...
mat/116 - Will someone please help me slove this problem? Use the elimination ...
math - write a real-world problem involving multiple steps, then solve our ...
algebra 1 - I'm stuck on this problem. Can you help? -4x-9y=1 -x + 2y =-4 WHat ...
Algebra - Word Problem: Jack mows the lawn in 4 hours, mary mows the lawn in 5 ...

Search
Members