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    Exam 4: Time Value of Money 1: Analyzing Single Cash Flows
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    Solving for Rates What Annual Rate of Return Is Earned
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Solving for Rates What Annual Rate of Return Is Earned

Question 33

Question 33

Multiple Choice

Solving for Rates What annual rate of return is earned on a $200 investment when it grows to $850 in ten years?


A) 3.25%
B) 4.25%
C) 13.47%
D) 15.57%

Correct Answer:

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