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( 2 ) You have $ 9 , 5 0 0 you want to invest. Your bank has several investment accounts to choose from, all

(2) You have $9,500 you want to invest. Your bank has several investment accounts to choose from, all compounding monthly. Your goal is to have $11,000 in 2 years. To the nearest hundredth of a percent, what is the minimum annual interest rate the account must have so you can reach your goal?
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