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( Solving for i ) A financial planner just offered you a new investment product that would require an initial investment on your part of

(Solving for i) A financial planner just offered you a new investment product that would require an initial investment on your part of $50,000, and would be worth $250,00024 years from now. this product?
The annual rate of interest you would earn if you invested in this product is
%.(Round to two decimal places.)
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