Question: Determine the interest rate earned on a $ 1 , 4 0 0 deposit when $ 1 , 8 0 0 is paid back in

Determine the interest rate earned on a $1,400 deposit when $1,800 is paid back in one year.
You must use the built-in Excel function to answer this question.
Your formula must include the RATE function and return a positive value.
Determine the interest rate earned on a $1,400 deposit when $1,800

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