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What annual rate of return is earned on a $1,000 Investment when it grows to $2,500 in six years? (Do not round Intermedlate calculations. Round

What annual rate of return is earned on a $1,000 Investment when it grows to $2,500 in six years? (Do not round Intermedlate calculations. Round your answer to 2 declmal places.) Annual rate of retum N

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