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    What Annual Rate of Return Is Earned on a $10,000
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What Annual Rate of Return Is Earned on a $10,000

Question 21

Question 21

Multiple Choice

What annual rate of return is earned on a $10,000 investment when it grows to $15,000 in 10 years?


A) 1.50 percent
B) 3.97 percent
C) 4.14 percent
D) 5.00 percent

Correct Answer:

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