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Suppose you are offered an investment that will allow you to triple your money in 1 0 years. What is the implied rate of interest?

Suppose you are offered an investment that will allow you to triple your money in 10 years. What is the implied rate of interest?
Question 4 options:
9.00 percent
11.61 percent
8.50 percent
Not enough information
9.26 percent

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