A homeowner found a preferred savings account book in the wall of a home he was remodelling.

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A homeowner found a preferred savings account book in the wall of a home he was remodelling. He went to the bank and discovered that the account was 25 years old and had $\$ 425,801$ in the bank! The original investment was $\$ 20,000$ ? What was the effective interest rate of the preferred account?

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