State your answer as a percentage rounded to 1 decimal place. [Only give the numerical answer. Do not enter a percentage sign (%) in the answer box.]

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Suppose you invest $4600 in a mutual fund. Over 9 years, your investment grows in value to $9800. What
is your annual return?
State your answer as a percentage rounded to 1 decimal place.
[Only give the numerical answer. Do not enter a percentage sign (%) in the answer box.]
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Transcribed Image Text:Suppose you invest $4600 in a mutual fund. Over 9 years, your investment grows in value to $9800. What is your annual return? State your answer as a percentage rounded to 1 decimal place. [Only give the numerical answer. Do not enter a percentage sign (%) in the answer box.] • Previous hp Not saved g
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