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Need help with this question Mike invest $500 at the beginning of each month into a bank account for 24 months. At the end of

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Mike invest $500 at the beginning of each month into a bank account for 24 months. At the end of the 24th month, He have $12,800 in his account. If the bank compounds interest monthly, what is the annual interest rate? 7.20% 6.09% 5.41% 6.15%

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