(Solving for

i)

At what annual interest rate, compounded annually, would

$500

have to be invested for it to grow to

$2 comma 001.55

in

14

years?

Question content area bottom

Part 1

The annual interest rate, compounded annually, at which

$500

must be invested for it to grow to

$2 comma 001.55

in

14

years is

%.

(Round to two decimal places.)