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Find the nominal annual rate of interest for the following investment. table [ [ Principal , Future Value,Time Due,Frequency of Conversi ] , [
Find the nominal annual rate of interest for the following investment.
tablePrincipalFuture Value,Time Due,Frequency of Conversi$$ ysars,semiannually
The nominal annual rate of interest is compounded semiannually. Round the final answer to four decimal places as needed. Round all intermediate values to six decimal places as needed.
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