Question: This is my second question which is You pay $8000 for a municipal bound.When it matures after 20 years, you receive $12,500.Compute the annual return.

This is my second question which is You pay $8000 for a municipal bound.When it matures after 20 years, you receive $12,500.Compute the annual return.

Give your answer as a percent but doNOTinclude the % sign?

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