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PLEASE ANSWER ASAP. THANK YOU! A mortgage of $33,000 is repaid by making payments of $400 at the end of each month for 10 years.
PLEASE ANSWER ASAP. THANK YOU!
A mortgage of $33,000 is repaid by making payments of $400 at the end of each month for 10 years. What is the nominal annual rate of interest compounded quarterly?
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