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(Related to Checkpoint 5.6) (Solving for i) At what annual interest rate, compounded annually, would S520 have to be invested for it to grow to
(Related to Checkpoint 5.6) (Solving for i) At what annual interest rate, compounded annually, would S520 have to be invested for it to grow to $1,957.46 in 14 years? The annual interest rate, compounded annually, at which $520 must be invested for it to grow to $1.957.46 in 14 years is% (Round to two decimal places.)
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