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Sophia is going to invest $7,900 and leave it in an account for 6 years. Assuming the interest is compounded monthly, what interest rate, to the nearest hundredth of a percent, would be required in order for Sophia to end up with $9,400? β
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Sophia is going to invest $7,900 and leave it in an account for 6 years. Assuming the interest is co...
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