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Mariana is going to invest $6,200 and leave it in an account for 9 years. assuming the interest is compounded monthly, what interest rate, to the nearest tenth of a percent, wou…

Mariana is going to invest $6,200 and leave it in an account for 9 years. assuming the interest is compounded monthly, what interest rate, to the nearest tenth of a percent, wou…
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mariana is going to invest $6,200 and leave it in an account for 9 years. assuming the interest is compounded monthly, what interest rate, to the nearest tenth of a percent, would be required in order for mariana to end up with $7,400?

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User Mind Pixel
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1 Answer

5 votes

Answer: 2.0%

Step-by-step explanation:

mariana is going to invest $6,200 and leave it in an account for 9 years. assuming-example-1
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User Baztoune
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