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For the following equation: S=P(1+r) where P=4,000 S=13,000 and n=4, the value of r is (expressed as a percentage rounded to the nearest two decimal

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For the following equation: S=P(1+r)" where P=4,000 S=13,000 and n=4, the value of r is (expressed as a percentage rounded to the nearest two decimal places; don't show the % sign eg 0.05623 is 5.623% but would be expressed as 5.62)

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