Bella is going to invest $94,000 and leave it in an account for 9 years. Assuming the interest is compounded daily, what

Question

Bella is going to invest $94,000 and leave it in an account for 9 years. Assuming the interest is compounded daily, what interest rate, to the nearest hundredth of a percent, would be required in order for Bella to end up with $156,000?

Kunduz · Accepted Answer

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