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Ten ( 1 0 ) years ago Bruce invested $ 1 , 3 5 0 . Today, the investment is worth $ 3 , 8

Ten (10) years ago Bruce invested $1,350. 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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