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Cooper opened a savings investment with $1,000 in January 2011. At the end of January 2021 he terminated the account and received $1,500. If the

Cooper opened a savings investment with $1,000 in January 2011. At the end of January 2021 he terminated the account and received $1,500. If the interest on this investment is compounded annually, Calculate the rate of interest that Cooper earned on this investment.

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