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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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