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3 years ago

12

Robert is going to invest $640 and leave it in an account for 20 years. Assuming the interest is compounded quarterly, what inte

rest rate, to the nearest hundredth of a percent, would be required in order for Robert to end up with $1,280?

1 answer:

ollegr [7]3 years ago

5 0

Answer:

Interest rate ≈ 3.48%

Step-by-step explanation:

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