Calculate the interest rate for investments

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Reference no: EM131346248

You’re trying to choose between two different investments, both of which have up-front costs of $72,000. Investment G returns $132,000 in five years. Investment H returns $192,000 in 9 years.

Calculate the interest rate for investments G and H. (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16)

Interest rate

Investment G=

Investment H=

Reference no: EM131346248

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