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You wish to save for a new house. What interest rate (the nearest percent) must you earn on a $20,000 investment today so you

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You wish to save for a new house. What interest rate (the nearest percent) must you earn on a $20,000 investment today so you will have $35,250 in 5 years? (Assume that interest is paid annually) (Answer should be entered a a decimal place...for example, 1% would be .01) Answer: I

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