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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 43

Question 43

Multiple Choice

Solving for Rates What annual rate of return is earned on a $200 investment when it grows to $850 in 10 years?


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

Correct Answer:

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