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Chris makes annual deposits into a bank account at the beginning of each year for 20 years. Chris' initial deposit is equal to 100 ,

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Chris makes annual deposits into a bank account at the beginning of each year for 20 years. Chris' initial deposit is equal to 100 , with each subsequent deposit k\% greater than the previous year's deposit. The bank credits interest at an annual effective rate of 5%. At the end of 20 years, the accumulated amount in Chris' account is equal to 7,276.35. Given k>5, calculate k (use a percentage number, rounded to the nearest 100 th, without % sign. For example, 0.1234=12.34%12.34 ) Type your numeric answer and submit

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