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An investment grows by 3% per year for 20 years. By what percent does it increase over the 20 year period?

An investment grows by 3% per year for 20 years. By what percent does it increase over the 20 year period?
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An investment grows by 3% per year for 20 years. By what percent does it increase over the 20 year period?

User Michael Sander
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3%?? The question doesn't make much sense.
User Vidal
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