Suppose the interest rate is r%
then 2 = (1+r/100)11
so that ln(2) = 11*ln(1+r/100)
Then ln(1+r/100) = ln(2) /11
so 1 +r/100 = exp[ln(2)/11]
so r/100 = exp[ln(2)/11] - 1
r = 100*{exp[ln(2)/11] - 1} = 6.504 % approx.
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