Kyoko has $10,000 that she wants to invest. Her bank has several investment accounts to choose from,

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Kyoko has $10,000 that she wants to invest. Her bank has several investment accounts to choose from, all compounding daily. Her goal is to have $15,000 by the time she finishes graduate school in 6 years. To the nearest hundredth of a percent, what should her minimum annual interest rate be in order to reach her goal?

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Precalculus

ISBN: 9781938168345

1st Edition

Authors: Jay Abramson

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