If an initial investment of $2500 grows to $38,000 in 18 years, what annual interest rate, compounded

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If an initial investment of $2500 grows to $38,000 in 18 years, what annual interest rate, compounded annually, did this investment earn?

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Mathematical Applications for the Management Life and Social Sciences

ISBN: 978-1305108042

11th edition

Authors: Ronald J. Harshbarger, James J. Reynolds

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Question Posted: Feb 09, 2018 05:47 AM

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If an initial investment of $2500 grows to $38,000 in 18 years, what annual interest rate, compounded

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P 2500 S 38000 n 18 38 000 2500 ...View the full answer

Mathematical Applications for the Management Life and Social Sciences

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