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If you deposit $1,018 in your bank, when you take it out two years later, it grows to $1,107. With semiannual compounding, the (annual) interest

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If you deposit $1,018 in your bank, when you take it out two years later, it grows to $1,107. With semiannual compounding, the (annual) interest rate is % ? (keep two decimal places, for example, enter 1.23 for 0.0123 )

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