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02-06-2023
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Four years ago, ZYX deposited $2310 in an account that has earned and will earn 1.20% per year in compound interest. If BAC deposits $2170 in an account today that earns simple interest, then how much simple internet per year must BAC earn to have the same amount of money in 6 years from today as ZYX will have in 6 years from today? Answer as an annual rate.

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