isabellafortner4 isabellafortner4

22-10-2020
Mathematics

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10000$ is invested at annual compound interest after 4 years the investment has become $11,608.86 what annual rate of compound interest was used ?

10000 is invested at annual compound interest after 4 years the investment has become 1160886 what annual rate of compound interest was used class=

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sdestineeh sdestineeh

05-11-2020

$10,000 is invested at annual compound interest. After 4 years, the investment has become $11,608.86. What annual rate of compound interest was used?

Answer: 3.8%

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