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John, an investment adviser, tells Lisa that if she's willing to invest the amount of $ 1 0 0 today, he can increase this investment
John, an investment adviser, tells Lisa that if she's willing to invest the amount of $ today, he can increase this investment by times in years. What annual rate of return is John promising on this investment?
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INSTRUCTIONS: Place your answer in PERCENTAGE form with at least decimal places. For example, an answer of three and onequarter percent is entered as and not as ALSO, DO NOT USE A PERCENT SIGN IN YOUR ANSWER. You should work your analysis using at least four decimal places of accuracy.
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