18.At what nominal rate of interest compounded monthly will $880 earn $170 in interest in 3 years?...

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18.At what nominal rate of interest compounded monthly will $880 earn $170 in interest in 3 years?

please show formula and step by step calculation

Posted Date: Jun 20, 2024 02:04 PM

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18.At what nominal rate of interest compounded monthly will $880 earn $170 in interest in 3 years?...

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