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Ten years ago, you put $150,000 into an interest-earning account. Today it is worth $325,000. What is the effective annual interest earned on the account,

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Ten years ago, you put $150,000 into an interest-earning account. Today it is worth $325,000. What is the effective annual interest earned on the account, assuming yearly compounding? (A) $75,000 (B) 6.00% (C) 7.8% (D) 8.00%

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