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16 October, 07:21

louie has $1,000 and wants it to grew to $5,000 in 10 years, what compound interest rate does he need?

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  1. 16 October, 07:29
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    All you have to do is multiply 5000 by. 025 to find that she earns $125. Next, you multiply 125 by 7 and find that she earns $875!
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