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Your ultimate goal is to take a trip to Mars on SpaceX's Starship. You estimate these trips will be available in 29 years at a
Your ultimate goal is to take a trip to Mars on SpaceX's Starship. You estimate these trips will be available in 29 years at a price of $282,000. You have $64,000 available to deposit today. Using the Rate function in Excel or a financial calculator, determine the annual interest rate you must earn to make this trip a reality. (Round final answer to 2 decimal places, eg. 45.25%.) Annual interest rate %
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