Solve the Problem $\mathrm { A } = \mathrm { P } ( 1 + \mathrm { r } ) ^ { 2 }$

question 43

Multiple Choice

Solve the problem.
-If an amount of money, called the principal, P, is deposited into an account that earns interest at a rate r, compounded annually, then in two years that investment will grow to an amount A, given
By the formula $\mathrm { A } = \mathrm { P } ( 1 + \mathrm { r } ) ^ { 2 }$ . If a principal amount of $5000 grows to $6050.00 in two years, what is
The interest rate?

• A) 11%
• B) 8%
• C) 12%
• D) 10%

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Definitions:

Cardiovascular Health

Pertains to the overall condition of the heart and blood vessels, underlining the importance of preventing heart diseases and maintaining function.

Aerobic

Pertaining to or involving oxygen; aerobic exercise refers to activities that increase oxygen circulation to improve endurance and cardiovascular health.

Anaerobic

Relating to, involving, or requiring an absence of free oxygen, often referring to exercise that causes muscles to produce energy without relying on oxygen.

Isometric

Pertaining to exercises or muscle actions where the muscle length does not change and joints remain stationary.