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Assume that you currently have $5,000 in an investment account.You will add $2,000 at the end of each year for the next 5 years.At the

Assume that you currently have $5,000 in an investment account.You will add $2,000 at the end of each year for the next 5 years.At the end of the 5thyear, you wish to have $25,000 in the account.What annual rate of interest would have to be earned on the account to meet the $25,000 investment goal?

13%

17%

4%

8%

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