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An A&E firm planning for a future expansion deposited $ 5 0 , 0 0 0 each year for 5 years into a sinking (

An A&E firm planning for a future expansion deposited $50,000 each year for 5 years into a sinking (investment) fund that was to pay
an unknown rate of return. If the account had a total of $460,000 immediately after the fifth deposit, what rate of return did the
company make on these deposits?
The rate of return that the company made was
%.
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