Question: Use the compound interest formula A=P(1+r)t and the given information to solve for r. A=$2,000,000,P=$70,000,t=40 r=% (Round to the nearest hundredth.)

Use the compound interest formula A=P(1+r)t and the given information to solve for r. A=$2,000,000,P=$70,000,t=40 r=% (Round to the nearest hundredth.)

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