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1 . Cheryll Miller invested $ 1 , 0 0 0 in a stock fund when she was 2 1 years old. Five years later

1 .

Cheryll Miller invested $

1, 000

in a stock fund when she was

21

years old. Five years later her investment had grown to $

2, 000 .

What was Cheryll

s annualized rate of return on her investment?

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