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You invested $ 1 0 , 0 0 0 in a mutual fund ten years ago. The investment is worth $ 3 2 , 0

You invested $10,000 in a mutual fund ten years ago. The investment is worth $32,000 today. If the interest was compounded annually, what is the annual rate of return earned on the investment?
a.13.01%
b.12.67%
c.13.31%
d.11.56%
e.12.34%
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