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Assume that Ruth desires to accumulate $2,800,000 in 12 years using her money market fund of $800,354. At what interest rate must Ruth's investment compound
Assume that Ruth desires to accumulate $2,800,000 in 12 years using her money market fund of $800,354. At what interest rate must Ruth's investment compound annually? (Round answer to 0 decimal places, e.g. 5\%.)
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