You want to buy a house in 15 years and that will cost you $2...
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Accounting
You want to buy a house in 15 years and that will cost you $2 million. Now, you only have $800,000. Find the interest rate that you need to buy the house in 15 years. (Hint: what should r be?) Round off your answer to 4 decimal places (for example, your answer should look like 0.1234 or 12.34%) show work.
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