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If an investment grew to $14,500 in 3 years and the interest amount earned was $1,644.78, calculate the nominal interest rate compounded monthly. You currently

If an investment grew to $14,500 in 3 years and the interest amount earned was $1,644.78, calculate the nominal interest rate compounded monthly.

You currently have $14,000 in your savings account. At what nominal interest rate compounded monthly would your savings grow to $22,649.2 in 29 years?

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