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A biotech company wiil required $10,112,400 to expand its research facility in 2 years. It has...

A biotech company wiil required $10,112,400 to expand its research facility in 2 years. It has $9,000,000 to invest now for this purpose. At what annual rate of interest, compounded annually, should it invest this amount to be ready for construction in 2 years?

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