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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. 19.98% B. 15.20%
What annual rate must you earn to make $500 today grow to $10,000 in 15 years if your interest compounds daily?
A. 19.98% | |
B. 15.20% | |
C. 5.47% | |
D. 22.11% |
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