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$2,000 was deposited in an account that paid MONTHLY INTEREST. No other deposits or withdrawals were made. After 10 years, the amount in the account

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$2,000 was deposited in an account that paid MONTHLY INTEREST. No other deposits or withdrawals were made. After 10 years, the amount in the account was $10,000. The NOMINAL ANNUAL INTEREST paid is closest to: 0 1.35% O 9.45% 0 16.2% O 17.5%

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