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An amount of $13,500.00 is deposited into an account today, it is expected to increase to a maturity value of $15,356.69 in 5 years from

image text in transcribed An amount of $13,500.00 is deposited into an account today, it is expected to increase to a maturity value of $15,356.69 in 5 years from now. What is the nominal interest rate compounded monthly? Round the answer to two decimal places

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