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What annual interest rate is required for $295 to increase to $620 in eight years? 1) 6.9% 2) 7.4% 3) 8.6% 4) 6.3% 5) 9.7%

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What annual interest rate is required for $295 to increase to $620 in eight years? 1) 6.9% 2) 7.4% 3) 8.6% 4) 6.3% 5) 9.7%

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