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Suppose $12,000.00 grows to $12,650.00 in 5 years. What is the annual interest rate if interest is compounded quarterly? Enter your answer as a percentage

Suppose $12,000.00 grows to $12,650.00 in 5 years. What is the annual interest rate if interest is compounded quarterly? Enter your answer as a percentage rounded to the nearest hundredth of a percent. Assume the interest rate does not change while the account is open.

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