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What annual rate of return is earned on a $10,000 investment when it grows to $18,000 in nine years? Round your answer to two decimal

What annual rate of return is earned on a $10,000 investment when it grows to $18,000 in nine years? Round your answer to two decimal places.

Group of answer choices

1.80%

8.00%

6.74%

cannot be solved with the information provided

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