Question: At what annual interest rate, compounded annually, would $520 have to be invested for it to grow to $1,938.74 in 11 years? Question content area

At what annual interest rate, compounded annually, would $520 have to be invested for it to grow to $1,938.74 in 11 years?

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Part 1

The annual interest rate, compounded annually, at which

$520

must be invested for it to grow to

$1,938.74 in

11 years is (type your answer as a percentage, round to two decimal places)

enter your response here%.

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