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At what interest rate must $4,800 be compounded annually to equal $8,109.499 after 9 yr?(Round to the nearest percent.)A. 8%B. 7%C. 5%D. 6%

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At what interest rate must $4,800 be compounded annually to equal $8,109.499 after 9 yr?(Round to the nearest percent.)A. 8%B. 7%C. 5%D. 6%

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