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Raymond has an investment of $25,000 now, and in three years it will mature and pay Raymond $33,100. What is the approximate annual interest rate

Raymond has an investment of $25,000 now, and in three years it will mature and pay Raymond $33,100. What is the approximate annual interest rate he will receive? a. 10.2 percent O a. b. C. Insufficient information to calculate this question 9.8 percent d. 10.6 percent

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