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You have an investment account that started with $2000 10 years ago and which now has grown to $?9000.

a. What annual rate of return have you earned? (you have made no additional contributions to the? account)?

b. If the investment account earns 15% per year from now on, what will the account's value be 10 years from now?

Financial Management, Finance

  • Category:- Financial Management
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