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Seven (7) years ago Bruce invested $1,700. Today, the investment is worth $3,850. If interest is compounded annually, what annual rate of return did Bruce

Seven (7) years ago Bruce invested $1,700. Today, the investment is worth $3,850. If interest is compounded annually, what annual rate of return did Bruce earn on his investment? Do not round intermediate calculations. Round your answer to one decimal place.

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