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*An investment of $75,000 increased to $300,000 over a 8-year period. What was the compound rate of return on the investment? The interest rate cannot

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*An investment of $75,000 increased to $300,000 over a 8-year period. What was the compound rate of return on the investment? The interest rate cannot be determined. 24.6% 13.0% 18.9%

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