(Answered) Proficient-level what annual rate of return is earned on a

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Proficient-level: "What annual rate of return is earned on a $5,000 investment when it grows to $9,500 in nine years?" (Cornett, Adair, & Nofsinger, 2016).

§ Recalculate the rate of return, assuming the growth occurred in eight years, and again, assuming the growth occurred in ten years.

Please show the work.

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