Question: At what annual interest rate, compounded annually, would $490 have to be invested for it to grow to $1978.61 in 15 years? Question content area

At what annual interest rate, compounded annually, would $490 have to be invested for it to grow to $1978.61 in 15 years? Question content area bottom Part 1 The annual interest rate, compounded annually, at which $490 must be invested for it to grow to $1978.61 in 15 years is enter your response here ___%. (Round to two decimal places.)

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