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At what annual interest rates must 137000 be invested so that it will grow to be 475000 in 14 years. Choose closest rate Answer is
At what annual interest rates must 137000 be invested so that it will grow to be 475000 in 14 years. Choose closest rate
Answer is 9.29%
I want to know which formula to use for this and how to punch it in my calculator to solve.
Thanks
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