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Mr. and Mrs. Babyboomer purchased their house 26 years ago for $153,600. Today, the house is valued at $526,000. Calculate the compound annual rate of

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Mr. and Mrs. Babyboomer purchased their house 26 years ago for $153,600. Today, the house is valued at $526,000. Calculate the compound annual rate of growth (11) in the value of their home during the 26-year period. Round your answer to 2 decimal places. Your

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