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Your grandfather placed $2,500 in a trust fund for you. In 12 years the fund will be worth $6,000. What is the rate of return

Your grandfather placed $2,500 in a trust fund for you. In 12 years the fund will be worth $6,000. What is the rate of return on the trust fund? Multiple Choice 7.57% 8.57% 6.27% 717% 9.27%

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