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You have been saving $1,000 annually for the past 15 years and now you have $50,000, What is your annual rate of return? A. 10.25%

You have been saving $1,000 annually for the past 15 years and now you have $50,000, What is your annual rate of return?

A.

10.25%
B.

14.39%
C.

15.60%
D.

11.33%

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