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Raymond has an investment of $25,000 now, and in three years it will mature and pay Raymond $32,100. What is the approximate annual interest rate

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Raymond has an investment of $25,000 now, and in three years it will mature and pay Raymond $32,100. What is the approximate annual interest rate he will receive? a. 9.4 percent b. Insufficient information to calculate this question C. 8.7 percent d. 9.0 percent Clear my choice

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