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Compute the sbecified quantity. A 7 war bond costs 110,000 and will pay a total of $4,000 in ieterest ever its lifntime. What is ite

Compute the sbecified quantity. A 7 war bond costs 110,000 and will pay a total of $4,000 in ieterest ever its lifntime. What is ite annual intereit rate (as a percent?) (Round your answer to three decimal places, )

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