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You have $10,000 today and want to triple your money in 5 years. What interest rate must you earn if the interest is compounded annually?

You have $10,000 today and want to triple your money in 5 years. What interest rate must you earn if the interest is compounded annually? a. 24.57% b. 21.48% C. 23.39% d. 25.91% e. 22.60%

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