[Solved] If an investment grew to $14,500 in 2 yea

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If an investment grew to $14,500 in 2 years and the interest amount earned was $1,350, calculate the nominal interest rate compounded monthly. % Round

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If an investment grew to $14,500 in 2 years and the interest amount earned was $1,350, calculate the nominal interest rate compounded monthly. % Round to two decimal places

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