Answer:
We will consider positive interest rate which is i=0.21 or i=21%
Explanation:
The formula for Future value is:

The present value will become:

where:
n is the number of years
Since the condition is same present value,so the given data form the equation:

Divide above equation by 

Let
. Above equation will become:

Rearranging above equation:

Solving the quadratic equation:
z=1.1, z=0.9
Let
will become:


For z=1.1

For z=0.9

we will consider positive interest rate which is i=0.21 or i=21%
Hey how you doing lollipop you doing hope answer 20%
A. $625.71
619+619×0.13/12
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I'm very hands on with most things, I catch on quickly and am willing to do anything it takes to achieve the higher goal.
(Only two i can come up with.)