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A person needs $5,000 in four years. The person can afford to deposit $275 every three months into an account. Determine to the nearest 0.01%

A person needs $5,000 in four years. The person can afford to deposit $275 every three months into an account. Determine to the nearest 0.01% the nominal rate of interest converted quarterly that is needed to accumulate $5,000. Cannot use Excel.

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