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The same amount of money was invested in each of two different investments on January 1, 2007. Investment A increased by 2.5% in 2007, 3%
The same amount of money was invested in each of two different investments on January 1, 2007. Investment A increased by 2.5% in 2007, 3% in 2008, and 8.4% in 2009. Investment B increased by the same amount, r%, in each of the three years and was worth the same as investment A at the end of the three-year period. Determine the value of r.
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