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An investment producing $ 1 , 5 0 0 . 7 3 after six years has a present value of $ 1 , 0 0

An investment producing $1,500.73 after six years has a present value of $1,000. What is the interest rate, or yield, on the investment?
Multiple choice question.
7.45%
6.5%
7%
9.4%

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