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If Ivanhoe Mooney invests $ 3 , 4 0 2 . 3 9 now and she will receive $ 1 1 , 5 0 0
If Ivanhoe Mooney invests $ now and she will receive $ at the end of years, what annual rate of interest will Ivanhoe earn on her investment? Hint: Use Table Round answer to decimal places, eg
Click here to view the factor table.
For calculation purposes, use decimal places as displayed in the factor table provided.
Annual rate of interest a
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