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Find the interest rate to the nearest hundredth of a percent that will produce $2000,...

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Basic Math

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Find the interest rate to the nearest hundredth of a percent that will produce $2000, if $1500 is left at interest compounded quarterly for 4.5 yr. Use the formula A=P (1+r)tnThe interest rate to the nearest hundredth of a percent is.(Do not round until the final answer. Then round to the nearest hundredth as needed.)

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