Kayla invests $1,081 in a retirement account with a fixed annual interest rate compounded 12 times per

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Kayla invests $1,081 in a retirement account with a fixed annual interest rate compounded 12 times per year. After 20 years, the balance reaches $3,578.33. What is the interest rate of the account? 2 answers

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College Algebra

ISBN: 9780134453262

7th Edition

Authors: Robert F Blitzer

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Posted Date: Jan 29, 2024 11:10 AM

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Kayla invests $1,081 in a retirement account with a fixed annual interest rate compounded 12 times per

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College Algebra

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