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Bob opened a bank account 11 years ago. Today, he closes out the account, which is worth 2.04 times more than when it was opened.

Bob opened a bank account 11 years ago. Today, he closes out the account, which is worth 2.04 times more than when it was opened. What annual rate of interest did Bob earn? Round to the nearest 0.01%, drop the % symbol. E.g., if your answer is 0.08375, record it as 8.38

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