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18 votes
18 votes
Claire deposited $2,500 into an account that accrues interest monthly. she made no additional deposits or withdrawals. after 2 years, claire had $2,762.35 in the account. what is the annual interest rate of the account? t = years since initial deposit n = number of times compounded per year r = annual interest rate (as a decimal) p = initial (principal) investment v(t) = value of investment after t years

User Cantlin
by
2.6k points

2 Answers

30 votes
30 votes

Answer:

2+2=4

Explanation:

v(t)=vt p=¥€

User Gianpiero
by
2.4k points
15 votes
15 votes

Answer:

the answer is

Explanation:

5%
A

User Sachin Dubey
by
2.5k points