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At what nominal annual rate of interest will money double itself in five years, three months if compounded quarterly? At what nominal annual rate of

At what nominal annual rate of interest will money double itself in five years, three months if compounded quarterly?image text in transcribed

At what nominal annual rate of interest will money double itself in five years, three months if compounded quarterly? The nominal annual rate of interest for money to double itself in five years, three months is % per annum compounded quarterly. (Round the final answer to four decimal places as needed. Round all intermediate values to six decimal places as needed.)

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