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  • 31-03-2024
  • Business
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Rick deposited $2,450 into an account 11 years ago for an emergency fund. Today, that account is worth $4,950. What
annual rate of return did Rick earn on this account assuming no other deposits and no withdrawals?
Multiple Choice
6.16%
6.60%
4.93%
6.34%
7.26%

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