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You invest $5,000 today. 10 years later, your investment will worth $8,955. What is the annual rate of return you earn during these 10 years?
You invest $5,000 today. 10 years later, your investment will worth $8,955. What is the annual rate of return you earn during these 10 years? Assume that during these 10 years, you do not add any additional amount of money in your investment.
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