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24 27 30 34 Question 12 (1 point) Forty years ago, your father invested $2,000. Today that investment is worth $72,644. What is the average
24 27 30 34 Question 12 (1 point) Forty years ago, your father invested $2,000. Today that investment is worth $72,644. What is the average rate of return your father earned on his investment? A 9.75 percent B) 9.99 percent C) 9.40 percent D) 9.87 percent Step by Step Solution
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Survey of Accounting
Authors: Carl S. Warren
8th edition
1305961889, 978-1337517386, 1337517380, 978-1305961883
