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For the following annuity due, determine the nominal annual rate of interest. Future Value Present Value $7,102 Periodic Rent $380 % The nominal annual rate

For the following annuity due, determine the nominal annual rate of interest. Future Value Present Value $7,102 Periodic Rent $380 % The nominal annual rate of interest is (Round to two decimal places as needed.) Payment Period 1 year Term 16 years Conversion Period semi-annually
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For the following annuity due, determine the nominal annual rate of interest. The nominal annual rate of inferest is (Round to two decimal places as noeded.)

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