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You have an investment account that started with $2000 10 years ago and which now has grown to $9000. a. What annual rate of return
You have an investment account that started with $2000 10 years ago and which now has grown to $9000.
a. What annual rate of return have you earned (you have made no additional contributions to the account)?
b. If the investment account earns 15% per year from now on, what will the account's value be 10 years from now?
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