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Six Years Ago, Marti Invested $3,500 in an Account

Question 146

Multiple Choice

Six years ago, Marti invested $3,500 in an account. No other investments or withdrawals have been made. Today the account is worth $7,403.16. What rate of return has Marti earned thus far?


A) 12.86%
B) 13.30%
C) 15.96%
D) 18.58%
E) 19.20%

Correct Answer:

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