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help (230,000/70,000)*1/18-1? In 18 years, you would like to have $230, 000 to buy a vacation home. If you have only $70, 000, at what

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(230,000/70,000)*1/18-1?

In 18 years, you would like to have $230, 000 to buy a vacation home. If you have only $70, 000, at what rate must it be compounded annually for it to grow to $230, 000 in 18 years? If you have only $70, 000, at what rate must it be compounded annually for it to grow to $230, 000 in 18 years? % (Round to two decimal places.)

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