Question: Use the compound interest formula A = P(1 + r)' and the given information to solve for r. A = $4,000,000, P = $30,000, t

Use the compound interest formula A = P(1 + r)' and

Use the compound interest formula A = P(1 + r)' and the given information to solve for r. A = $4,000,000, P = $30,000, t = 40 r= % (Round to the nearest hundredth.)

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