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Currently, you have $20,500 that you would like to grow to $82,000 within the next 5 years. Assuming interest rate compounds annually, what annual rate

Currently, you have $20,500 that you would like to grow to $82,000 within the next 5 years.

Assuming interest rate compounds annually, what annual rate of return do you have to earn?

(Round your answer to the nearest hundredth; two decimal places)

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