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A young lady invested $50 to plant Christmas trees on her grandfather's farm. When the lady was a first year student in college, six years
A young lady invested $50 to plant Christmas trees on her grandfather's farm. When the lady was a first year student in college, six years later, she harvested the trees and sold them for $490. What annual rate of return (i.e. interest rate) did she earn on the investment, assuming she incurred no expenses in the interval? Write your answer as a decimal
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