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Erik plans to invest $100,000 for retirement, and he hopes to have $200,000 in ten years from now. To achieve this goal, the annual return

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Erik plans to invest $100,000 for retirement, and he hopes to have $200,000 in ten years from now. To achieve this goal, the annual return of his investment must be at least (choose the closest answer) 20.0% 10.0% 7.2% 5.3%

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