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Mathematics, 05.01.2021 03:50 enca2619
Elwood invested $5,000 in a money market account and has been tracking its progress. He found that after 3 years, the account held $7,100 and after 8 years, the account held $10,350. Use this information to complete the statements. Over the first 3 years, the value of the account increased at ___ over the last 5 years. Over the entire 8 years, the value of the account increased at an average rate of approximately $___ annually.
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Elwood invested $5,000 in a money market account and has been tracking its progress. He found that a...
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