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If you deposit 52.74 dollars in an account today, and the account balance is 307.78 dollars 8 years from now, what annual interest rate did you
If you deposit 52.74 dollars in an account today, and the account balance is 307.78 dollars 8 years from now, what annual interest rate did you receive on your funds? (assume annual compounding and enter your response as a percent excluding the percentage sign i.e. 6.7)
PVFVNPER 52.74307.788 Interest Rate 24.67%