Solved: What interest rate would be required for the amount to grow, Macroeconomics

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What interest rate would be required for the amount to grow

Problem

Iselt Welding has extra funds to invest for future capital expansion. If the selected investment pays simple interest, what interest rate would be required for the amount to grow from $60,000 to $90,000.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Macroeconomics: What interest rate would be required for the amount to grow

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Macroeconomics: What interest rate would be required for the amount to grow

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