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Lawson Company invests $60,000 today and has $148,560 by the end of eight years. What is the firm's compound annual interest rate? 10.00%. 12.00% 18.45%.

Lawson Company invests $60,000 today and has $148,560 by the end of eight years. What is the firm's compound annual interest rate? 10.00%. 12.00% 18.45%. 40.39%. None of the other answers are correct

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