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Alex made an investment of $25,678 which had a return rate of 2.7% in the first year, 5.87% in the next year and 3.89% in
Alex made an investment of $25,678 which had a return rate of 2.7% in the first year, 5.87% in the next year and 3.89% in the third year. What is the average rate of return on Alex's investment?
A.
3.95%
B.
4.05%
C.
3.75%
D.
3.50%
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