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An investment of $ 1 0 0 0 0 four years ago has accumulated $ 1 4 7 5 0 now. The compound rate of

An investment of $10000 four years ago has accumulated $14750 now. The compound rate of return earned on the inveatment is closest to:
a)10%
b)11%
c)12%
d)9%
e)14%
Please show steps to prove why a)10% is the correct answer.

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