sarahshellenberger sarahshellenberger
  • 28-01-2021
  • Mathematics
contestada

HELP! Austin is going to invest $94,000 and leave it in an account for 14 years. Assuming the interest is compounded monthly, what interest rate, to the nearest tenth of a percent, would be required in order for Austin to end up with $157,000?

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danielrusso6969 danielrusso6969
  • 08-02-2021

Answer: 3.7%

Step-by-step explanation:

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