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You are offered an investment that requires you to put up $5,000 today in exchange for $12,000 in 10 years from now. What is the

You are offered an investment that requires you to put up $5,000 today in exchange for $12,000 in 10 years from now. What is the annual rate of return on this investment?

9.15%

8.38%

2.40%

20.00%

6.01%

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