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You have an investment account that started with $1500 15 years ago and now has grown to $7500. What annual interest rate have you earned?
You have an investment account that started with $1500 15 years ago and now has grown to $7500. What annual interest rate have you earned? Assume you made no additional contributions to the account. Assume an annually compounded interest rate. (round to two decimals) 16.50% 19.18% 11.33% 10.17% 18.42%
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