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Given: A(t) = a(1+r)
What is the rate of growth?
What is the initial amount?
What is the number of time periods?
What is the amount after t periods?

Given: A(t) = a(1+r) What is the rate of growth? What is the initial amount? What is the number of time periods? What is the amount after t periods? class=

Answer :

elxie
the rate of growth is (r+1)^2 which equals to r^2 + 2r + 1

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