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You have $10,360, and you will invest it for 17 years (Hint: this is N). You will need the amount to grow to $44,848 by

You have $10,360, and you will invest it for 17 years (Hint: this is N). You will need the amount to grow to $44,848 by this time.

What rate of return will you need to achieve this? (Do not round intermediate calculations. Round your final answer to 2 decimal places.)

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