Question: At what annual interest rate, compounded annually, would $490 have to be invested for it to grow to $19,69.63 in 10 years? Question content area

At what annual interest rate, compounded annually, would $490 have to be invested for it to grow to $19,69.63 in 10 years? Question content area bottom Part 1 The annual interest rate, compounded annually, at which $490 must be invested for it to grow to $ 19,69.63 in 10 years is %. (Round to two decimal places.

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