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Brett invested an amount of $12,000 in a mutual fund. After 3 years and 6 months the accumulated value of her investment was $13,722.16. What
Brett invested an amount of $12,000 in a mutual fund. After 3 years and 6 months the accumulated value of her investment was $13,722.16. What is the quarterly compounded nominal interest rate of the investment? % Round to two decimal places
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