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What was your compound annual rate of return over the period

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Question - You invest $10,000 in August 2004. In August 2009, the investment is worth $12,000. What was your compound annual rate of return over the period?

a. 3.09%

b. 3.71%

c. 4.00%

d. 4.21%

Reference no: EM133044147

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