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anygoal [31]
3 years ago
15

Solve: 

Mathematics
1 answer:
katen-ka-za [31]3 years ago
7 0
The formula we can use is A=P(1+rt)

A =accumulated value, P=principal, r=rate, t=time(years)

2880=2000(1+r*2)
2880=2000+4000r
800=4000r
r=880/4000=0.22
interest rate 22%
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