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P.S. You may need to use the future value or present value tables for this qustion. If Sloane Joyner invests $14,019.74 now and she will
P.S. You may need to use the future value or present value tables for this qustion.
If Sloane Joyner invests $14,019.74 now and she will receive $40,000 at the end of 11 years, what annual rate of interest will she be earning on her investment?
d. 10%
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