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Pls help and show work to get the answer! Your 401K account had a balance of $398,000 on 1/1/2020. On 1/1/2021 your balance was $470,000.
Pls help and show work to get the answer!
Your 401K account had a balance of $398,000 on 1/1/2020. On 1/1/2021 your balance was $470,000. What annual rate of return did you earn? Multiple Choice 8.67% 18.09% 15.32% 17.34%Step by Step Solution
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