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undefined Question 23 2 pts Five years ago, Brian had invested $14,850 in a growth fund. The investment is worth $22,000 today. If the interest
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Question 23 2 pts Five years ago, Brian had invested $14,850 in a growth fund. The investment is worth $22,000 today. If the interest was compounded annually, what is the annual rate of return earned on the investment? (Write the answer here in the exact way you would input it into a financial calculator. Round your answers to two decimal places. No commas or % in answers. Enter your answer in percentage: 11 for 11% and not 0.11) d. With the above inputs, what is the return I/Y on the investment ? Enter the answer in the text box below. (Enter the exact way as your output from the financial calculator. Round your answers to two decimal places. No commas or % in answers.)Step by Step Solution
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