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Assume that an investment will pay $2,000 in 2 years if you invest $1,500 today. The compounding period of this investment is annual. What is

Assume that an investment will pay $2,000 in 2 years if you invest $1,500 today. The compounding period of this investment is annual. What is the rate of interest for this investment?

33%

5%

10%

15%

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