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One year ago, you invested $3,340. Today it is worth $3,700.50. What rate of interest did you earn? 10.69 percent 9.74 percent 9.94 percent 10.79

One year ago, you invested $3,340. Today it is worth $3,700.50. What rate of interest did you earn?

10.69 percent

9.74 percent

9.94 percent

10.79 percent

10.74 percent

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