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You made an investment of $17,000 into an account that paid you an annual interest rate of 4 percent for the first 6 years and
You made an investment of $17,000 into an account that paid you an annual interest rate of 4 percent for the first 6 years and 8.4 percent for the next 9 years. What was your annual rate of return over the entire 15 years? Multiple Choice O 5.96 percent 6.62 percent O O 6.20 percent O 5.29 percent 7.35 percent
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