Question: please show work (Solving for i) A financial planner just offered you a new investment product that would require an initial investment on your part

please show work

(Solving for i) A financial planner just offered you a new investment product that would require an initial investment on your part of $50.000, and would be worth $270,00021 years from now. What annual rate of interest would you eam if you invested in this product? The annual rate of interest you would eam if you invested in this product is \%. (Round to two decinal places.)

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