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You deposited $50,000 in your mutual fund account today. You make no more deposits into your account, but 12 years from today your mutual fund

You deposited $50,000 in your mutual fund account today. You make no more deposits into your account, but 12 years from today your mutual fund account balance is $200,000. What annually compounded rate of return have you earned on your mutual fund over this time period? Enter your answer rounded to two decimal places.

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