Question: please answer the queation using formulas Instructions: Show all of your work for maximum credit using the formulas. There are 30 points possible. 4) (5

Instructions: Show all of your work for maximum credit using the formulas. There are 30 points possible. 4) (5 points) What annual interest rate do you need for an investment to be worth $2,474.75 seven years in the future with semi-annual compounding if you deposit $1,800 today
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