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A TikTok influencer is considering investing $675,000 he earned on a Nike promotion. He's told that the payout will equal $1,450,000 in fourteen years. What
A TikTok influencer is considering investing $675,000 he earned on a Nike promotion. He's told that the payout will equal $1,450,000 in fourteen years. What interest rate will the influencer be earning?
Group of answer choices
12.87%
12.56%
6.51%
5.61%
None of the above
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