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You have an investment account that started with $2000 10 years ago and which now has grown to $5000. A. What annual rate of return
You have an investment account that started with $2000 10 years ago and which now has grown to $5000.
A. What annual rate of return have you earned (you have made no additional contributions to the account)?
B. If the savings bond earns 16% per year from now on, what will the accounts value be 10 years from now?
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