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20.You have just deposited $11,000 into an account that promises to pay you an annual interest rate of 6.5 percent each year for the next
20.You have just deposited $11,000 into an account that promises to pay you an annual interest rate of 6.5 percent each year for the next 6 years. You will leave the money invested in the account and 10 years from today, you need to have $26,300 in the account. What annual interest rate must you earn over the last 4 years to accomplish this goal?
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