A deposit of $5000 was put into a savings account paying an annual interest r percent, compounded yearly. After 2 years, the balance in the account was $5644.53. What was the rate of interest?
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Home » Mathematics » A deposit of $5000 was put into a savings account paying an annual interest r percent, compounded yearly. After 2 years, the balance in the account was $5644.53. What was the rate of interest?