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Canary Company invested this year's profits of $80,400.00 in a fund that matured to $167,895.17 in 7 years. What nominal interest rate compounded quarterly is

Canary Company invested this year's profits of $80,400.00 in a fund that matured to $167,895.17 in 7 years. What nominal interest rate compounded quarterly is this investment earning?

Round to two decimal places

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