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For the following annuity due, determine the nominal annual rate of interest. For the following annuity due, determine the nominal annual rate of interest. Future

For the following annuity due, determine the nominal annual rate of interest.

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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 $32,000 $450 1 month 7 years annually The nominal annual rate of interest is %. (Round to two decimal places as needed.)

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