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John deposited $9,000 into a bank account, and 11 years later, the account is worth $19,000. What is his annual interest rate over the last
John deposited $9,000 into a bank account, and 11 years later, the account is worth $19,000. What is his annual interest rate over the last 11 years?
The solutions must be displayed on an Excel sheet using Excel functions such as =PV(...) and =FV(...) etc.
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