Mary invested 20000 into a bond fund 10 years ago this fund, Business Economics

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Mary invested 20000 into a bond fund 10 years ago this fund

Mary invested $20,000 into a bond fund 10 years ago. This fund had a track record of providing a very good return. She checked with her investment broker and found out that she has an accumulation of $36,000 in the account.

What is the annual interest rate Mary earned in this investment?

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Business Economics: Mary invested 20000 into a bond fund 10 years ago this fund

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Business Economics: Mary invested 20000 into a bond fund 10 years ago this fund

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