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You want to save for a down payment on a house by depositing $ 1 2 , 0 0 0 into an account at the

You want to save for a down payment on a house by depositing $12,000 into an account at the end of each year, starting from the end of this year, for the next 10 years. If the account will have $200,000 at the end of the 10 years, what is the annual interest rate, compounded annually, that the account must earn?

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