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John makes an investment of 10000 into an account that pays interest compounded annually. In addition, he makes a yearly deposit of $130. At the
John makes an investment of 10000 into an account that pays interest compounded annually. In addition, he makes a yearly deposit of $130. At the end of 6 years, his balance is 15000. Determine the interest he earned on the savings account. John annual percentage rate on his investment was
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