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You have $300 today and want to triple your money in 5 years. What Interest rate must you earn if the Interest is compounded annually?

You have $300 today and want to triple your money in 5 years. What Interest rate must you earn if the Interest is compounded annually? Multiple Choice 23.28 percent 31.61 percent 24.57 percent 2378 percent 16.99 percem w

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