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3. What annual rate of return is earned on a $5,000 investment when it grows to $7,000 in six years? A. 1.40 percent B. 5.45

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3. What annual rate of return is earned on a $5,000 investment when it grows to $7,000 in six years? A. 1.40 percent B. 5.45 percent C. 5.77 percent D. 40.00 percent

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