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For the following annuity due, determine the nominal annual rate of interest. Future Present Periodic Payment Term Conversion Value Value Rent Period Period $5,100 $240

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For the following annuity due, determine the nominal annual rate of interest. Future Present Periodic Payment Term Conversion Value Value Rent Period Period $5,100 $240 6 months 20 years quarterly The nominal annual rate of interest is %. (Round to two decimal places as needed.)

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