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Question 18 (4 points) Saved Listen You are told that if you invest $11,500 per year for 25 years (all payments made at the beginning

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Question 18 (4 points) Saved Listen You are told that if you invest $11,500 per year for 25 years (all payments made at the beginning of each year) you will have accumulated $510,000 at the end of the period. What annual rate of return is the investment offering? 4.46% 4.16% 3.63% O 4.96% 5.53% Question 19 (4 points) Listen You are offered an investment with a quoted annual interest rate of 15% with monthly compounding of interest. What is your effective annual interest rate? 15.62% 16.08% 14.61% 16.61% 15.00%

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