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Finding nominal rate of return Suppose the ettective annual nlerest rate on some imvermont is 8 ags a. What is the stated ratio per montin?

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Finding nominal rate of return Suppose the ettective annual nlerest rate on some imvermont is 8 ags a. What is the stated ratio per montin? Starbucks proces iemain sleady, how much will you spend at Stabucks over the next 45 years assuming no change in your monttly spending? at Starbucks? Note assume your first monthly depost occurs one month from now. a. The stated rate per month is 15. (Round to five decimal places)

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