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(Related to Checkpoint 5.6) (Solving for i ) At what annual interest rate, compounded annually, would $480 have to be invested for to grow to

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(Related to Checkpoint 5.6) (Solving for i ) At what annual interest rate, compounded annually, would $480 have to be invested for to grow to $1,916.05 in 14 years? The annual interest rate, compounded annually, at which $480 must be invested for it to grow to $1,916.05 in 14 years is (Round to two decimal places.)

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