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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