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Juan invested $23,000 in a mutual fund 6 yr ago. Today his investment is worth $39,865. Find the effective annual rate of return on his
Juan invested $23,000 in a mutual fund 6 yr ago. Today his investment is worth $39,865. Find the effective annual rate of return on his investment over the 6-yr period. (Round your answer to two decimal places.)
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Introduction To Personal Finance Beginning Your Financial Journey
Authors: Lance Palmer, John E. Grable
2nd Edition
1119797063, 978-1119797067
