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In meeting with a prospective client, you are presented with the following facts and circumstances: Twenty - five years ago, the client began an investment

In meeting with a prospective client, you are presented with the following facts and circumstances: Twenty-five years ago, the client began an investment program. Today the investment is worth $350,000. The client made annual payments of $12,000 per year. What was the average annual rate of return over the period? A.1.25B.1.26C.1.52 D.1.62

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