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You started an investment account 10 years ago with $1600, and it now has grown to $6900. a. What annual rate of return have you

You started an investment account 10 years ago with $1600, and it now has grown to $6900. a. What annual rate of return have you earned (you have made no additional contributions to the account)? b. If the investment account earns 12% per year from now on, what will the account's value be ten years from now? a. The annual rate of return is %. (Round to two decimal places.)

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