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The answer can be arrived at by using a compound annual growth rate (CAGR) calculator. In this case an initial deposit of $2,000 growing to $4,706 after seven years would equate to a 13 percent annual rate of return.

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βˆ™ 9y ago
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βˆ™ 9y ago

Just over 13%.

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Q: How do you solve Yield IRR. Deposit 2000. 7 years later you have 4706. What annual rate of return (IRR) did you earn?
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