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Maggie deposits $ 1 1 0 0 0 today and is promised a return of $ 1 7 0 8 5 in 8 years. what

Maggie deposits $11000 today and is promised a return of $ 17085 in 8years. what is the implied annual rate of return? a)0.06 b)5.07 c)5.01 d)5.66

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