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Solving for Rates What annual rate of return is earned on a $2,400 investment when it grows to $5,300 in eleven years? 7.47% 6.82% 1.21%

Solving for Rates What annual rate of return is earned on a $2,400 investment when it grows to $5,300 in eleven years?

7.47%

6.82%

1.21%

2.21%

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