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In 2021, a large tech company paid $124,787,000 to purchase a large piece of property in downtown Seattle. The same property sold for $34,000 in

In 2021, a large tech company paid $124,787,000 to purchase a large piece of property in downtown Seattle. The same property sold for $34,000 in 1967. Submit a complete written solution for this problem. Find the exponential growth rate k, to three decimal places. k = (Round to three decimal places as needed.)

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