Question: If a security currently worth $ 5 , 6 0 0 will be worth $ 7 , 3 6 9 . 2 2 seven years

If a security currently worth $5,600 will be worth $7,369.22 seven years in the future, what is the implied interest rate the investor will earn on the securityassuming that no additional deposits or withdrawals are made?
7.60%
0.19%
1.32%
4.00%

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