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You plan to purchase a house 10 years from now, and you will need $100,000 for...

You plan to purchase a house 10 years from now, and you will need $100,000 for a down payment of the house at that time. Currently, you have $75,000 available for investment. What is the required interest rate that will allow you to reach your goal of $100,000 after 10 years? Show your work.

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