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Question 1. You work in a bank, one of your customers e-transferred $500,000 into his account five years ago. Today, five years later, your customer

Question 1. You work in a bank, one of your customers e-transferred $500,000 into his account five years ago. Today, five years later, your customer asks you what annual return has he been earning on his account. The account has a $750,000 in it today. What compounded annual return has the customer earned?

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