Question: Suppose that you just received $ 1,080 from a $ 1,000 investment you made one year ago. However, the same items you could purchase one

Suppose that you just received $ 1,080 from a $ 1,000 investment you made one year ago. However, the same items you could purchase one year ago for $ 1,000 now costs $ 1,030. What is the real annual interest rate that you earned on your investment? Enter your answer as a percent without the %. Round your final answer to two decimals.

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