Question: For all problems, your answers should provide (a) Timeline, (b) Financial equation, (c) Algebraic equation, and (d) Answer in 9 decimal places in sequence. For

For all problems, your answers should provide (a) Timeline, (b) Financial equation, (c) Algebraic equation, and (d) Answer in 9 decimal places in sequence. For an investment of $1000 today, the Tiburon Finance Company is offering to pay you $1600 at the end of 8 years. What is the annually compounded rate of interest

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