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Business, 15.04.2021 21:40 hhcfg

Laura opened a new bank account and just deposited $5,000 into an account that promises to pay her an annual interest rate of 5.3 percent each year for the next 4 years. She will leave the money invested in the account and 10 years from today, she needs to have $7,990 in the account. What annual interest rate must she earn over the last 6 years to accomplish this goal?

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