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Stephen's grandmother deposited $ 1 0 0 in an investment account for him when he was born, 2 5 years ago. The account is now

Stephen's grandmother deposited $

100

in an investment account for him when he was born,

25

years ago. The account is now worth $

1, 500 .

What was the average rate of return on the account? Which of the following is a correct way to solve this problem using EXCEL?

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