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In a civil lawsuit, a plaintiff was awarded damages of $18,000 plus $3,227.24 in interest for a period of 5 years. What quarterly compounded rate
In a civil lawsuit, a plaintiff was awarded damages of $18,000 plus $3,227.24 in interest for a period of 5 years. What quarterly compounded rate of interest was used in the settlement? Note: Please make sure your final answer(s) are in percentage form and are accurate to 2 decimal places. For example 34.56%
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