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Assume the average management cost per account per year is $200 and the average fees earned per account per year is $170. The average annual

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Assume the average management cost per account per year is $200 and the average fees earned per account per year is $170. The average annual size of account is $1800. What is the average implicit interest rate (round to two decimals)? Select one: a. 1.67% O b. -1.67% O c. 15% O d. 4.86%

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