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You have an investment account that started with $3,000 10 years ago and which now has grown to $7,000. a. What annual rate of return

You have an investment account that started with

$3,000

years ago and which now has grown to

$7,000.

a. What annual rate of return have you earned (you have made no additional contributions to the account)?

b. If the savings bond earns

13%

per year from now on, what will the account's value be

years from now?

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