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Solving for Interest Rate per Period Scarlett has $25,000 available today to invest for 20 years. Scarlett desires an investment fund balance of $100,000 at

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Solving for Interest Rate per Period Scarlett has $25,000 available today to invest for 20 years. Scarlett desires an investment fund balance of $100,000 at that time. What interest rate (compounded annually) must Scarlett earn to reach the desired balance in 20 years? - Enter the percent rounded to two digits after the decimal; enter 2.04 for 2.044% or 2.05 for 2.045%

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