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At what rate must $287.50 be compounded annually for it to grow to $650.01 in 14 years?

samualson

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At what rate must $287.50 be compounded annually for it to grow to $650.01 in 14 years?

At what rate must $287.50 be compounded annually for it to grow to $650.01 in 14 years?
A) 6 percent
B) 5 percent
C) 7 percent
D) 8 percent

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DeanaRay

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samualson Author

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#2

5 years ago

Thank you for your assistance, again and again

DeanaRay

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#3

5 years ago

My pleasure

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