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Determine the nominal annual rate of interest of the following ordinary general annuity. Future Value $ 1 0 , 0 0 0 Periodic Payment $

Determine the nominal annual rate of interest of the following ordinary general annuity.
Future Value
$10,000
Periodic
Payment
$375
Payment
Interval
3 months
Term
5 years
Conversion
Period
monthly
The nominal annual rate of interest is % compounded monthly.
(Round to two decimal places as needed.)
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