An investment of $10,000 on January 1, 1970 grew to $300,000 on January 1, 2010. What average

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An investment of $10,000 on January 1, 1970 grew to $300,000 on January 1, 2010. What average annually compounded rate of return was earned?

Multiple Choice

a. 8.875%

b. 8.778%

c. 10.025%

d. 300%

e. 9.185%

Posted Date: Nov 29, 2021 05:08 PM

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An investment of $10,000 on January 1, 1970 grew to $300,000 on January 1, 2010. What average

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Soluton iven Investment 10000 Amount to which et grawed 3... View the full answer

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