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Investments of $200 at the beginning of every month have accumulated to $405,515 after 30 years. Expressed as a monthly compounded nominal annual rate, what

Investments of $200 at the beginning of every month have accumulated to $405,515 after 30 years. Expressed as a monthly compounded nominal annual rate, what return have these investments provided?

A. 11.673%

B. 9.450%

C. 8.747%

D. 8.041%

E. 7.875%

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