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Adam invested $ 9 , 0 0 0 at the end of each quarter for 6 years in an investment fund. If the balance in

Adam invested $9,000 at the end of each quarter for 6 years in an investment fund. If the balance in the fund at the end of 6 years was $245,500, what was the nominal interest rate compounded quarterly?
Question 8 options:
4.99%
4.38%
4.54%
4.04%

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