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The NASDAQ rose from $12200.00 to $15300.00 over 5 years. What was the annual rater of return on the NASDAQ during this period?
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%
INSTRUCTIONS: Place your answer in PERCENTAGE form with at least 2 decimal places. For example, an answer of three and one-quarter percent is entered as 3.25 and not as 0.0325. ALSO, DO NOT USE A PERCENT SIGN IN YOUR ANSWER. You should work your analysis using at least four decimal places of accuracy.
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