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An A&E firm planning for a future expansion deposited $ 4 4 , 0 0 0 each year for 5 years into a sinking (
An A&E firm planning for a future expansion deposited $ each year for years into a sinking investment fund that was to pay an unknown rate of return. If the account had a total of $ 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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