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Wyatt is going to invest $28,000 and leave it in an account for 5 years. Assuming the interest is compounded quarterly, what interest rate, to the nearest hundredth of a percent, would be required in order
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Jan 4, 2022
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Wyatt is going to invest $28,000 and leave it in an account for 5 years.
Assuming the interest is compounded quarterly, what interest rate, to the
nearest hundredth of a percent, would be required in order for Wyatt to end
up with $31,000?
Mathematics
college
Cedric Mamo
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Answer:2.04 %
Explanation:
PanchaGil
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Jan 9, 2022
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