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When you were born, your aunt opened an investment account in your name and deposited $100 into the account. You are now 20 years old.
When you were born, your aunt opened an investment account in your name and deposited $100 into the account. You are now 20 years old. Today, the account is valued at $704.00. Assuming quarterly compounding, what is the average annual rate of return on the account
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