Posted by Mike on Tuesday, April 19, 2011 at 10:49am.
It would help if you proofread your questions before you posted them.
Where is "t" in your equation?
People make mistakes. Calm down.
A=P(1+r)^t
A= interest
P= principle interest
r= interest rate
t= time in years
If $4500 invested at 7% interest compounded annually yeilds $15600, for how many years was the money invested?
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