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David makes a sequence of 38 monthly deposits of $460 each into an account paying interest convertible monthly. Immediately after making the 38th deposit, the
David makes a sequence of 38 monthly deposits of $460 each into an account paying interest convertible monthly. Immediately after making the 38th deposit, the account balance is $19152.77 dollars. What is the nominal rate of interest convertible monthly? (4 decimals)
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