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In three years from today Elmer J. Fudd requires $2,625,000. He currently has $1,748,000 that he will invest in a high yield hedge fund. Find

In three years from today Elmer J. Fudd requires $2,625,000. He currently has $1,748,000 that he will invest in a high yield hedge fund. Find the rate of the fund if it is compounded annually.

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