Solve the problem.
-A $\$ 45,000$ inheritance is invested for 15 yr compounded quarterly and grows to $\$ 109,940$. Find the interest rate. Round to the nearest percent
A) $5 \%$
B) $4 \%$
C) $6 \%$
D) $3 \%$

Name: Solve the problem. -A $\$ 45,000$ inheritance is invested for 15 yr compounded quarterly and grows to $\$ 109,940$. Find the interest rate. Round to the nearest percent A) $5 \%$ B) $4 \%$ C) $6 \%$ D) $3 \%$
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The interest rate is 6% compounded quarterly.

Solve the Problem $45,000\$ 45,000$45,000 Inheritance Is Invested for 15 Yr Compounded Quarterly and Grows

Solve the Problem $\$ 45,000$ Inheritance Is Invested for 15 Yr Compounded Quarterly and Grows