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Mathematics, 08.04.2021 03:50 bullockarwen

Evelyn is going to invest $3,500 and leave it in an account for 16 years. Assuming the interest is compounded quarterly, what interest rate, to the nearest tenth of a percent, would be required in order for Evelyn to end up with $6,200?

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Evelyn is going to invest $3,500 and leave it in an account for 16 years. Assuming the interest is c...
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