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Find the rate of interest required to achieve the conditions set forth. If Jay bought a lot for $8,000 and sold it 10 years later

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Find the rate of interest required to achieve the conditions set forth. If Jay bought a lot for $8,000 and sold it 10 years later for $24,000, what was her percentage rate of return on this investment if it was compounded annually? Select one: O a. 11.293496 O b. 11.6123% Oc 200% d. 300%

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