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A deposit of $6,000 made 6 years ago will be worth $22,000 in 3 years from now. What is the annual interest rate? a. 54.20%

A deposit of $6,000 made 6 years ago will be worth $22,000 in 3 years from now. What is the annual interest rate?

54.20%

24.18%

44.44%

15.53%

29.63%

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