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Find the nominal annual rate of interest for the following investment. Principal $656.00 Future Value $1677.42 Time Due 8 years Frequency of Conversion monthly Principal

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Find the nominal annual rate of interest for the following investment.

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Principal $656.00 Future Value $1677.42 Time Due 8 years Frequency of Conversion monthly Principal $656.00 Future Value $1677.42 Time Due 8 years Frequency of Conversion monthly

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