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An investment of $40,000 yields a net annual income of $8,000 for Il years. What...

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An investment of $40,000 yields a net annual income of $8,000 for Il years. What is the annual interest rate of this investment? O a. 17.62% O b. 12.58% O c. 16.15% O d. 15.62% O e. 11.10%

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