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Ten years ago, you put $150,000 into an interest-earning account. Today it is worth $275,000 . What is the effective annual interest earned on the

Ten years ago, you put

$150,000

into an interest-earning account. Today it is worth

$275,000

. What is the effective annual interest earned on the account?\ Multiple Choice\

6.25%

6.00%

47.99%

8.33%

Ten years ago, you put $150,000 into an interest-earning account. Today it is worth $275,000. What is the effective annual interest earned on the account? Multiple Choice 6.25% 6.00% 47.99% 8.33%

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