Question: Compound Interest Course Packet on solving for an unknown It Determine the interest rate r needed for an investment of $2,000 to grow to $8,000

Compound Interest Course Packet on solving for an unknown It Determine the interest rate r needed for an investment of $2,000 to grow to $8,000 in 3 years if interest is compounded quarterly (i.e., 4 times a year). Exact value of r = Interest rate, as a percent, rounded to 2 decimal places - 57.41 * %

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