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Suppose an Investment Grows from 9,000 to 48,000 Over 9

Question 93

Multiple Choice

Suppose an investment grows from 9,000 to 48,000 over 9 years.
Choose the annual growth factor.
Round answers to 2 decimal places.

A) 39,000
B) 5.33
C) 4,333.33
D) 1.20

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