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Caleb invested an amount of $26,000 in a mutual fund. After 3 years and 6 months the accumulated value of his investment was $29,628.45. What

Caleb invested an amount of $26,000 in a mutual fund. After 3 years and 6 months the accumulated value of his investment was $29,628.45. What is the quarterly compounded nominal interest rate of the investment?

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