Oliver deposits $300 in his savings account at the end of every month for 3 years and

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Oliver deposits $300 in his savings account at the end of every month for 3 years and 6 months. What is the nominal interest rate compounded monthly if the accumulated amount at the end of the period is $13,600?

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Mathematics Of Business And Finance

ISBN: 9781927737545

4th Edition

Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans

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