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Betty Willis will invest $ 2 8 , 7 0 0 today. She needs $ 1 7 5 , 3 2 3 in 2 1

Betty Willis will invest $

28, 700

today. She needs $

175, 323

21

years.

Click here to view factor tables.

What annual interest rate must she earn?

(

Round answer to

0

decimal places, e

.

. 7 % .)

Interest rate

%

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