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8. (Basic interest rate) What annual interest rate, earned over 8 years, will make an initial $17,500 grow to be: a. $20,000? b. $25,000? c.
8. (Basic interest rate) What annual interest rate, earned over 8 years, will make an initial $17,500 grow to be:
a. $20,000?
b. $25,000?
c. $35,000?
d. $50,000?
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