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Twelve years ago, your parents set aside $8,000 to help fund your college education. Today, that fund is valued at $22,477. What rate of interest

Twelve years ago, your parents set aside $8,000 to help fund your college education. Today, that fund is valued at $22,477. What rate of interest is being earned on this account? A. 9.06 percent B. 9.67 percent C. 8.99 percent D. 9.42 percent E. 9.55 percent

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