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A) if you invest $16,000 today and in 4 years it grows to $22,000, what interest rate did you earn? b) if you invest $16,000

A) if you invest $16,000 today and in 4 years it grows to $22,000, what interest rate did you earn?

b) if you invest $16,000 today and in 8 years it grows to $22,000, what interest rate did you earn?

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