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Solving for Rates What annual rate of return is earned on a $5,000 investment made in year 4 when it grows to $11,000 by the

Solving for Rates What annual rate of return is earned on a $5,000 investment made in year 4 when it grows to $11,000 by the end of year 10?

A.) 45.45%

B.) 14.04%

C.) 21.79%

D.) 8.20%

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