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4:06 Question 7 of 11 You invested $10,000 at the end of each year for 7 years in an investment fund. If the balance in

4:06 Question 7 of 11 You invested $10,000 at the end of each year for 7 years in an investment fund. If the balance in the fund at the end of 7 years was $86,000, what was the nominal interest rate compounded annually? % Round to two decimal places

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