SOLUTION: Find the required annual interest rate to the nearest tenth of a percent for $1100 to grow to 1700 if interest is compounded quarterly by 7 years.

SOLUTION: Find the required annual interest rate to the nearest tenth of a percent for $1100 to grow to 1700 if interest is compounded quarterly by 7 years.

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Question 859983: Find the required annual interest rate to the nearest tenth of a percent for $1100 to grow to 1700 if interest is compounded quarterly by 7 years.
Answer by Fombitz(32388) (Show Source): You can put this solution on YOUR website!

Quarterly interest

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