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4. Meis grandparents opened an investment account for her when she was born, with an initial deposit of $8,000. Mei is 18 years old now

4. Meis grandparents opened an investment account for her when she was born, with an initial deposit of $8,000. Mei is 18 years old now and her investment account has grown to $45,890. What is the annual rate of return (round up to the closest 2 decimals in percentage) on investment for Meis investment account?

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