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If an investment costs $15 and will make a single payment of $25 in 4 years' time, the annual interest rate that will be earned

If an investment costs $15 and will make a single payment of $25 in 4 years' time, the annual interest rate that will be earned on the investment is closest to:

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A. 8.8%.

B. 13.6%.

C. 16.7%.

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