Question: The correct solution is 2.94% but I cannot figure out how to get that solution. Please help. Thank you so much. You invest $3,200 in

The correct solution is 2.94% but I cannot figure out how to get that solution. Please help. Thank you so much.

You invest $3,200 in a savings account on January 1, 2004. On December 31, 2004, the account has accumulated to $3,294.08. What is the annual interest rate? CE)

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