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An entrepreneur can make a business investment that requires spending $3,000 now with the goal of receiving $5,000 five years from now, what would be

An entrepreneur can make a business investment that requires spending $3,000 now with the goal of receiving $5,000 five years from now, what would be the rate of return on the investment? If you can receive 7% per year interest on a certificate of deposit, what investment should be made?

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