At what rate of interest compounded quarterly, to the nearest tenth of a percent, will an investment of $1000 grow to $1500 in 5 years?(adsbygoogle = window.adsbygoogle || []).push({});

I set the problem up 1500=1000(1+x/4)^(4*5)

I then divided by 1000

1.5 = (1+x/4)^20

But this is where I'm stuck.

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# Homework Help: Compound Interest

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