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correct answer Test: Quiz 3 (2.5%) Question 4 of 9 What is the nominal annual rate of interest compounded semi-annually at which $502 00 will

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Test: Quiz 3 (2.5%) Question 4 of 9 What is the nominal annual rate of interest compounded semi-annually at which $502 00 will accumulate to $2147 29 in three years and six months? The nominal annual rate of interest is (Round the final answer to four decimal places as needed. Round an intermediate values to six decimal places as needed )

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