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You have $150,000 to invest today. You found a deal that will pay you $300,000 if you wait 20 years before you withdraw the money?

You have $150,000 to invest today. You found a deal that will pay you $300,000 if you wait 20 years before you withdraw the money? What is the implied rate of interest in you invest and wait 20 years?

Group of answer choices

3.2%

3.5%

5.1%

6.2%

6.8%

Please help urgently.

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