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Juan invested $25,000 in a mutual fund 5 yr ago. Today his investment is worth $41,748. Find the effective annual rate of return on his

Juan invested $25,000 in a mutual fund 5 yr ago. Today his investment is worth $41,748. Find the effective annual rate of return on his investment over the 5-yr period (Round your answer to two decimal places) 7.56 X %

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