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Solve for the unknown interest rate in the following: (Enter your answer as a percentage, omit the "%" sign in your response, and round your answer to 2 decimal places. For example, 0.12345 or 12.345% should be entered as 12.35.)

Present Value: $714

Years: 15

Future Value: $4039

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92269355

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