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An investor who was not as astute as he believed invested $261,500 into an account 10 years ago. Today, that account is worth $201,600. What
An investor who was not as astute as he believed invested $261,500 into an account 10 years ago. Today, that account is worth $201,600. What was the annual rate of return on this account?
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2.57 percent
3.07 percent
2.40 percent
2.25 percent
2.64 percent
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