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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 Ila
by
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2 Answers

5 votes

Answer:

2+2=4

Explanation:

v(t)=vt p=¥€

User Drogon
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4.3k points
3 votes

Answer:

the answer is

Explanation:

5%
A

User Vbezhenar
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