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A return of $150,000 (like interest) will be realized on an original investment of $200,000 over a 5-year period. Determine: The rate of return using

A return of $150,000 (like interest) will be realized on an original investment of $200,000 over a 5-year period. Determine:

  1. The rate of return using simple interest.
  2. The rate of return using compound interest (compounded annually), where the Future Value is $350,000.

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