Diane initially deposited $10,000 into a money market account and made no additional deposits or withdrawals. When she closed the account in exactly one year, its value had grown to $10,800. Calculate the annual growth rate for the money market account. Round your answer to two places after the decimal.
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Home » Business » Diane initially deposited $10,000 into a money market account and made no additional deposits or withdrawals. When she closed the account in exactly one year, its value had grown to $10,800.