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Math

posted by on .

A=P(1+r)^2

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?

  • Math - ,

    It would help if you proofread your questions before you posted them.

    Where is "t" in your equation?

  • Math - ,

    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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