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5. Find the nominal annual rate of interest for the following investment. Time Due Principal $1990.00 Future Value $2764.15 Frequency of Conversion semi-annually 6 years
5. Find the nominal annual rate of interest for the following investment. Time Due Principal $1990.00 Future Value $2764.15 Frequency of Conversion semi-annually 6 years The nominal annual rate of interest is % compounded semi-annually. (Round the final answer to four decimal places as needed. Round all intermediate values to six decimal places as needed.)
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