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Question 1 0 5 pts Suppose you are offered a proposal where you are required to invest $ 1 , 6 5 4 and in

Question 10
5 pts
Suppose you are offered a proposal where you are required to invest $1,654 and in return you will receive $2,579 in 1 years! What is the annual rate of interest would you earn if you took the offer? (Enter you answer in percentage (without the % symbol), round your answer to two decimal points)
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