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A person invested RM3,500 in a savings account that earns compound interest that compounded annually. After 8 years, the total amount in the account reached

A person invested RM3,500 in a savings account that earns compound interest that compounded annually. After 8 years, the total amount in the account reached to RM5,792.48. What was the interest rate offers by the bank?

(5 marks)

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