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64. Solving for Rates What annual rate of return is earned on a $4,000 investment made in year 2 when it grows to $8,000 by

64. Solving for Rates What annual rate of return is earned on a $4,000 investment made in year 2 when it grows to $8,000 by the end of year eight? A. 9.00% B. 12.00% C. 12.25% D. 50.00%

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