Question: Explain how to execute this problem in excel using a finance function and describe each of the arguments and associated values in table format: If

Explain how to execute this problem in excel using a finance function and describe each of the arguments and associated values in table format: If you invested $15,000 at one point in tie and received back $30,000 five years later, what annual interest rate (compounded annually) would you have obtained?

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To solve this problem in Excel using a finance function you can use the RATE function The RATE funct... View full answer

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