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Suppose you have $12000 to invest. You wish to have $20,000 at the end of 8 years. What interest rate must you earn to achieve
Suppose you have $12000 to invest. You wish to have $20,000 at the end of 8 years. What interest rate must you earn to achieve your goal? Write your answers as a percentage. Round your answer to the nearest one-hundredth decimal point. For example, write 7.49 for 7.49%.
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