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What rate of return per year, expressed in nominal terms, would you need to earn on an investment to make it quadruple(grow 4 times) in
What rate of return per year, expressed in nominal terms, would you need to earn on an investment to make it quadruple(grow 4 times) in 9 years? Assume daily compounding and a 360-day year. Round your final answer to 2 decimal places.
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