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You currently have $5,000 available for investment for a 30-year period. At what interest rate APR compounded monthly must you invest this amount in order

You currently have $5,000 available for investment for a 30-year

period.

At what interest rate APR compounded monthly must you invest

this amount in order for it to be worth $15,000 at maturity?

a) 4.22%

b) 5.26%

c) 4.12%

d) 3.66%

e) 6.26%

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