If You Deposi $\$ 100$ Nto an Account That Pays an Interest Rate That Compounds

question 15

Short Answer

If you deposi $\$ 100$ nto an account that pays an interest rate that compounds quarterly, what is the interest rate if the value in the account after 30 years is $ $\$ 444$ ? $\underline{\quad\quad}$ $\%$

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Definitions:

Slavery Abolition

The legal termination and prohibition of slavery, involving the emancipation of enslaved people and the banning of the slave trade and slave ownership.

John Brown

An American abolitionist leader in the 19th century known for his militant opposition to slavery.

Harpers Ferry

A historic town in West Virginia, known for John Brown's raid in 1859, which was intended to initiate an armed slave revolt.

Abolitionists

Individuals and groups who advocated for the immediate end of slavery and the emancipation of slaves, active especially in the 19th century.