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What interest rate is required to make $100 grow to $150 in 5 years? Enter the following data into your calculator: N = 5 PV
What interest rate is required to make $100 grow to $150 in 5 years?
Enter the following data into your calculator:
N = 5
PV = 100
PMT = 0
FV = 150
Solve for I/YR =
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