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a.Kristen invested an amount of $22,000.00 in a mutual fund. After 3 years and 6 months the accumulated value of his investment was $24,477.02. What

a.Kristen invested an amount of $22,000.00 in a mutual fund. After 3 years and 6 months the accumulated value of his investment was $24,477.02. What is the nominal interest rate of the investment if interest is compounded quarterly? % Round to two decimal places

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