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David Davis wishes to invest $26,000 on July 1, 2022, and have it accumulate to $62,300 by July 1, 2032. Use a financial calculator to

David Davis wishes to invest $26,000 on July 1, 2022, and have it accumulate to $62,300 by July 1, 2032. Use a financial calculator to determine at what exact annual rate of interest David must invest the $26,000. (Round answer to 2 decimal places, e.g. 25.25%.)

Annual rate of interest

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