If you deposit 5274 dollars in an account today and the


If you deposit 52.74 dollars in an account today, and the account balance is 307.78 dollars 8 years from now, what annual interest rate did you receive on your funds? (assume annual compounding and enter your response as a percent excluding the percentage sign i.e. 6.7)

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Finance Basics: If you deposit 5274 dollars in an account today and the
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