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  • 02-03-2021
  • Mathematics
contestada

Justin is going to invest $31,000 and leave it in an account for 7 years.
Assuming the interest is compounded quarterly, what interest rate, to the
nearest tenth of a percent, would be required in order for Justin to end up
with $45,000?

Respuesta :

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  • 08-03-2021

Answer:

5.4 percent

Step-by-step explanation:

Answer Link

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