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Find the nominal annual rate of interest for the following investment. Principal $1025.00 Future Value $2684.44 Time Due 8 Frequency of Conversion years quarterly The

Find the nominal annual rate of interest for the following investment. Principal $1025.00 Future Value $2684.44 Time Due 8 Frequency of Conversion years quarterly The nominal annual rate of interest is ________________________% compounded quarterly. (Round the final answer to four decimal places as needed. Round all intermediate values to six decimal places as needed)

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