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You have an investment account that started with $2,000 ten years ago and which now has grown to $9,000. a. What annual rate of return
You have an investment account that started with $2,000 ten years ago and which now has grown to $9,000.
a. What annual rate of return have you earned (you have made no additional contributions to the account)?
b. If the savings bond earns 15% per year from now on, what will the account's value be ten years from now?
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