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At what annual interest rate, compounded annually, would $500 have to be invested for it to grow to $1,892.84 in 12 years? Question content area

At what annual interest rate, compounded annually, would $500 have to be invested for it to grow to $1,892.84 in 12 years? Question content area bottom Part 1 The annual interest rate, compounded annually, at which $500 must be invested for it to grow to $1,892.84 in 12 years is enter your response here%.(Round to two decimal places.)

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