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Suppose you deposited $5,000 in a savings account. If you have $5,500 in the account after 2 years, what annual interest rate did you earn

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Suppose you deposited $5,000 in a savings account. If you have $5,500 in the account after 2 years, what annual interest rate did you earn on your savings? Answer in percentage terms rounded to two decimal places. (e.g., if the correct answer is 0.0563 in decimals, convert to % by multiplying by 100 and enter 5.63. Don't include the % sign.) [Hint: Use Equation 2.6]

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