Solve each problem.If an investment of P dollars grows to A dollars in 2 yr, theannual
Chapter 8, Problem 86(choose chapter or problem)
Solve each problem.If an investment of P dollars grows to A dollars in 2 yr, theannual rate of return on the investment is given byr = 2A - 2P2PFirst rationalize the denominator, and then find the annualrate of return (as a percent) if $50,000 increases to $54,080.
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