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What annual rate must you earn to make $500 today grow to $10,000 in 15 years if your interest compounds daily? A. 5.47% B. 19.98%

What annual rate must you earn to make $500 today grow to $10,000 in 15 years if your interest compounds daily?

  • A. 5.47%

  • B. 19.98%

  • C. 15.20%

  • D. 22.11%

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