1. The amount of ($ 13,000) is invested in a savings account. After 10 years the account...

Question:

1. The amount of $\$ 13,000$ is invested in a savings account. After 10 years the account has $\$ 15,250.00$. Find the return on investment for this account.

2. The amount of $\$ 6,500$ is deposited in a money market account. After 7 years, the account has $\$ 7,358.00$. Find the return on investment for this account.

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