Speeding up local install of WordPress in XAMPP

My local installs of WordPress in XAMPP where excruciatingly slow, easily 5 seconds for each page load even with a clean install of WordPress. Local installs are supposed to make development in WordPress easier but 5 second page loads make it harder.  I found solutions for this in several places and I’m linking one that has several of them in one answer on Stack Overflow.

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