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Erik invested an amount of $20,000.00 in a mutual fund. After 4 years and 6 months the accumulated value of her investment was $21,872.02. What

Erik invested an amount of $20,000.00 in a mutual fund. After 4 years and 6 months the accumulated value of her investment was $21,872.02. What is the nominal interest rate of the investment if interest is compounded monthly

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