Question
Leo invested $1900 in an account with annually compounded interest. After 3 years, he had $2275 in the account. What was the interest rate of
Leo invested $1900 in an account with annually compounded interest. After 3 years, he had $2275 in the account. What was the interest rate of the account? Round your answer to one decimal place. Do not write the percent sign. Provide your answer below:
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Precalculus Real Mathematics, Real People
Authors: Ron Larson, Gaylord N Smith
6th Edition
1133714749, 9781133714743
