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Question 7 of 13 Joshua invested an amount of $14,000.00 in a mutual fund. After 3 years and 6 months the accumulated value of his

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Question 7 of 13 Joshua invested an amount of $14,000.00 in a mutual fund. After 3 years and 6 months the accumulated value of his investment was $15,761.02. What is the nominal interest rate of the investment if interest is compounded monthly? Round to two decimal places

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