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    What Interest Rate (The Nearest Percent) Must Charlie Earn on a $226,000
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What Interest Rate (The Nearest Percent) Must Charlie Earn on a $226,000

Question 147

Question 147

Multiple Choice

What interest rate (the nearest percent) must Charlie earn on a $226,000 investment today so that he will have $570,000 after 12 years?


A) 6%.
B) 7%.
C) 8%.
D) 9%.

Correct Answer:

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