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7- At what annual interest rate must $137,000 be invested so that it will grow to be $475,000 in 14 years? (1 marks) 8- What
7- At what annual interest rate must $137,000 be invested so that it will grow to be $475,000 in 14 years? (1 marks)
8- What will $153,000 grow to be in 13 years if it is invested today in an account with a quoted annual interest rate of 10% with monthly compounding of interest? (1 marks)
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