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Question 4 of 6 Ariel invested an amount of $12,000 in a mutual fund. After 3 years and 9 months the accumulated value of his

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Question 4 of 6 Ariel invested an amount of $12,000 in a mutual fund. After 3 years and 9 months the accumulated value of his investment was $12,816.86. What is the quarterly compounded nominal interest rate of the investment? % Round to two decimal places

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