Question: please solve (Related to Checkpoint 5.6) (Solving for i) At what annual interest rate, compounded annually, would $480 have to be invested for it to

please solve

(Related to Checkpoint 5.6) (Solving for i) At what annual interest rate, compounded annually, would $480 have to be invested for it to grow to $1,931.84 in 12 years? The annual interest rate, compounded annually, at which $480 must be invested for it to grow to $1,931,84 in 12 years is % (Round to two decimal places.)

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