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An investment of $9000 grows to $10,293.16 in 4 years. Find the annual rate of return for annual compounding. [Hint: Use P 1 +

An investment of $9000 grows to $10,293.16 in 4 years. Find the annual rate of return for annual compounding. [Hint: Use P 1 + =J Submit Answer % mt with m 1 and solve for r (rounded to one decimal place).] m

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