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Fifteen years ago, your parents set aside $50,000 to help fund your college education. Today, that fund is valued at $123,750. What annual rate of
Fifteen years ago, your parents set aside $50,000 to help fund your college education. Today, that fund is valued at $123,750. What annual rate of return is being earned on this education savings account? Select one: O a. 7.08 percent O b. 8.36 percent O c. 7.45 percent O d. 6.23 percent Oe. 6.51 percent
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