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Compute the nominal annual rate of interest for the following ordinary simple annuity. table [ [ Present Value,Periodic Rent, table [ [ Payment

Compute the nominal annual rate of interest for the following ordinary simple annuity.
\table[[Present Value,Periodic Rent,\table[[Payment],[Interval]],Term,\table[[Conversion],[Period]]],[$63,000.00,$3,800.00,6 months,15 years,semi-annually]]
The nominal annual rate of interest is % compounded semi-annually.
(Round to two decimal places as needed.)
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