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Anthony is going to invest $7,200 and leave it in an account for 16 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 21, 2022
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Anthony is going to invest $7,200 and leave it in an account for 16 years. Assuming
the interest is compounded monthly, what interest rate, to the nearest tenth of a
percent, would be required in order for Anthony to end up with $15,200?
Mathematics
high-school
Akshaynagpal
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Answer:
4.67916 so about 4.7%
Explanation:
Michael Hunger
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Dec 28, 2022
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Michael Hunger
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