The annual rate of return on an initial investment of P doll…

The annual rate of return on an initial investment of P dollars is given by r = 1/t – 1where A is the current value and t is the number of years since the money was invested. Find the annual rate of return on a $22,000 investment that grew to $32,000 after 10 years. Round to the nearest hundredth of a percent.

The amount of time it takes an object dropped from an initia…

The amount of time it takes an object dropped from an initial height of h0 feet to reach a height of h feet is given by the formula t = An object dropped from the top of the Sears Tower in Chicago takes 9.5 seconds to reach the ground. Use the above equation to approximate the height of the Sears Tower.