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What is the annual rate of return that mark savings account

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Question - Mark's savings account has $50,000 today. In 5 years, the account is worth $64,000. What is the annual rate of return that Mark's savings account?

a. 4.84%

b. 5.06%

c. 4.18%

d. 5.99%

Reference no: EM133126087

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