SOLUTION: 80,000 is invested for three years, compounded annually. If the amount accumulated to 100,000 at the end of three years, find the annual rate of compound interest. Round to one dec

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Question 1100298: 80,000 is invested for three years, compounded annually. If the amount accumulated to 100,000 at the end of three years, find the annual rate of compound interest. Round to one decimal place.
Answer by Fombitz(32388) About Me  (Show Source):