Solve
-Use the Formula $\mathrm { A } = \mathrm { P } ( 1 + \mathrm { r } ) ^ { \mathrm { t } }$

Multiple Choice

Solve.
-Use the formula $\mathrm { A } = \mathrm { P } ( 1 + \mathrm { r } ) ^ { \mathrm { t } }$ . Find the rate, $\mathrm { r }$ , at which $\$ 1400$ grows to $\$ 1573$ in 2 years.

A) $7 \%$
B) $5 \%$
C) $6 \%$
D) $12 \%$