Peter's grandparents set aside $6,000 for him in a trust fund 20 years ago. Over this time, the money has grown to $20,4

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answerhappygod
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Peter's grandparents set aside $6,000 for him in a trust fund 20 years ago. Over this time, the money has grown to $20,4

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Peter S Grandparents Set Aside 6 000 For Him In A Trust Fund 20 Years Ago Over This Time The Money Has Grown To 20 4 1
Peter S Grandparents Set Aside 6 000 For Him In A Trust Fund 20 Years Ago Over This Time The Money Has Grown To 20 4 1 (17.53 KiB) Viewed 42 times
Peter's grandparents set aside $6,000 for him in a trust fund 20 years ago. Over this time, the money has grown to $20,412. What compound annual rate of return (31) did the trust fund earn? Round your answer to 2 decimals. Your Answer: Answer
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