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Several years ago, Pak Hamid invested $15,208. Today, that investment is worth $98,426 and has earned an average annual rate of return of 8.69 percent.

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Several years ago, Pak Hamid invested $15,208. Today, that investment is worth $98,426 and has earned an average annual rate of return of 8.69 percent. How long ago did Pak Hamid make his investment? 26.82 years 21.09 years 22.41 years 23.03 years 24.28 years

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