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Find the nominal annual rate of interest for the following investment. Principal $2400.00 Future Value $3700.00 Time Due 3 years Frequency of Conversion semi-annually The

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Find the nominal annual rate of interest for the following investment. Principal $2400.00 Future Value $3700.00 Time Due 3 years Frequency of Conversion semi-annually The nominal annual rate of interest is % per annum compounded semi-annually. (Round the final answer to four decimal places as needed. Round all intermediate values to six decimal places as needed.)

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