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Fifty eight years ago, your grandmother invested $ 4 , 5 0 0 . Today, that investment is worth $ 3 3 0 , 0

Fifty eight years ago, your grandmother invested $4,500. Today, that investment is worth $330,065.11. What is the average annually compounded rate of return she earned on this investment?
a)7.69%
b)none of these answers are correct
c)5.84%
d)11.71%
e)7.9%

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