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If an investment of $3500 grows to $4500 in 5 years with interest compounding monthly. What is the interest rate?

If an investment of $3500 grows to $4500 in 5 years with interest compounding monthly. What is the interest rate?
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If an investment of $3500 grows to $4500 in 5 years with interest compounding monthly. What is the interest rate?

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User Gabtub
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1 Answer

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here is your solution ignore my handwriting.
If an investment of $3500 grows to $4500 in 5 years with interest compounding monthly-example-1
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User Ladessa
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