The Smiths invest $10,000 in an account that grows to $12,000 in 5 years.  What is the annual interest rate rif the interest is compounded

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
Section7.7: Simple And Compound Interest
Problem 15E
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The Smiths invest $10,000 in an account that grows to $12,000 in 5 years.  What is the annual interest rate rif the interest is compounded

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