Question: If a security currently worth $5,600 will be worth $10,000 six years in the future, what is the implied interest rate the investor will earn

If a security currently worth $5,600 will be worth $10,000 six

If a security currently worth $5,600 will be worth $10,000 six years in the future, what is the implied interest rate the investor will earn on the security-assuming that no additional deposits or withdrawals are made? (Find the closest answer) Future Value = Present Value x (1 + interest rate)^ ; Where N is the number of peri 9.32% O 11.69% 12.57% 8.73% 10.15%

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