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In2006, a man mailed a $400 check to another man to repay a $400 debt of his great-great-grandfather who died in 1885. A bank estimated
In2006, a man mailed a $400 check to another man to repay a $400 debt of his great-great-grandfather who died in 1885. A bank estimated the interest on the loan to be $481 million for the 121 years it was due. Find the interest rate the bank was using assuming interest is compounded annually
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