Mathematics, 05.05.2020 04:24, briyuna15

When Rahul began 7th grade, he put his savings of $3,000 in an account that compounded interest annually. He hoped to have $6,000 by the time he graduates high school in six years. What interest rate is required for him to reach his goal?

An interest rate of
% is required.

Answers: 3

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When Rahul began 7th grade, he put his savings of $3,000 in an account that compounded interest annu...