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mariana is going to invest $6,200 and leave it in an account for 9 years. assuming the interest is compounded monthly, what interest rate, to the nearest tenth of a percent, would be required in order
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Dec 25, 2024
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mariana is going to invest $6,200 and leave it in an account for 9 years. assuming the interest is compounded monthly, what interest rate, to the nearest tenth of a percent, would be required in order for mariana to end up with $7,400?
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Answer: 2.0%
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