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A construction company makes equal deposits of $10,000 at the beginning of every quarter into an investment fund which will accumulate to $350,000 in 6
A construction company makes equal deposits of $10,000 at the beginning of every quarter into an investment fund which will accumulate to $350,000 in 6 years. At what nominal interest rate compounded quarterly is the company earning interest in the fund?
Full solutions should be shown on separate sheets of paper. Submit your solutions. Round to two decimal places
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