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(1 point) (Exercise 4.3) A sum of $170 is placed into a fund at the beginning of every other year for 16 years. If the

image text in transcribed (1 point) (Exercise 4.3) A sum of $170 is placed into a fund at the beginning of every other year for 16 years. If the fund balance at the end of 16 years is $1825.12, find the rate of simple interest earned by the fund

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