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You Have Come Across an Investment Opportunity That Will Give

Question 42

Multiple Choice

You have come across an investment opportunity that will give you $51,725.29 in 14 years if you put up $12,000 today.Calculate the annual return on this investment.


A) 11%
B) 10%
C) 12%
D) 13%
E) 9%

Correct Answer:

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