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What annual rate of interest did earn

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Question 1: Five years ago, you invested $1,500 into an account and received $2,500 today. What annual rate of interest did you earn if the interest was compounded monthly?

Select one:

a. 10.76%

b. 8.55%

c. 60.00%

d. 10.26%

Reference no: EM132636273

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