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OpenStudy (anonymous):
Noah currently has an account balance of $2,976.45. He opened the account 11 years ago with a deposit of $1,963.45. If the interest compounds quarterly, what is the interest rate on the account?
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OpenStudy (anonymous):
\[2976.45=1963.45(1+\frac{r}{4})^{44}\] solve for "r"
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