Suppose $20,000 is invested into an account where interest is compounded annually. After 30 years the balance is $99,679. What was the interest rate as a percent? Round the answer to the nearest hundredth of a percent. Interest Rate = %
Suppose $20,000 is invested into an account where interest is compounded annually. After 30 years the balance is $99,679. What was the interest rate as a percent? Round the answer to the nearest hundredth of a percent. Interest Rate = %
Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
Section: Chapter Questions
Problem 14PTTS
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