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Artyom0805 [142]
3 years ago
11

louie has $1,000 and wants it to grew to $5,000 in 10 years,what compound interest rate does he need?

Mathematics
1 answer:
elena55 [62]3 years ago
8 0

Answer:

All you have to do is multiply 5000 by .025 to find that she earns $125. Next, you multiply 125 by 7 and find that she earns $875!

Step-by-step explanation:

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