Question: Charla would like to save $15,000 for a down payment for her first house. She currently has $10,000. At what interest rate, compounded annually, would
Charla would like to save $15,000 for a down payment for her first house. She currently has $10,000.
At what interest rate, compounded annually, would she need to invest her money in order to have the
required $15,000 in 5 years?
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