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PLEASE USE A FINANCIAL CALCULATOR ONLY! Have correct answer, just don't know how to get there. Exam Sample Problems ? You agree to make 24

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PLEASE USE A FINANCIAL CALCULATOR ONLY! Have correct answer, just don't know how to get there.

Exam Sample Problems ? You agree to make 24 deposits of $500 at the beginning of each month into a bank account. At the end of the 24th month, you will have $13,000 in your account. If the bank compounds interest monthly, what nominal annual interest rate will you be earning? a. 5.79% b. 8.00% c. 8.91% d. 6.63% e. 7.62%

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