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  • 25-01-2024
  • Mathematics
contestada

A parent invests $5,000 for their childs college education when the child is 3 years old. They leave
it untouched. They hope to have $15,000 for by the time their child reaches the age of 18. What
percent per year must the investment earn in order to reach their goal? Round to the nearest tenth
of a percent.

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