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QUESTION 8 Every month, you will be depositing $100 into an account for a year starting today. If you ended up having $1300 after

QUESTION 8 Every month, you will be depositing $100 into an account for a year starting today. If you ended up having $1300 after the 12 deposits, what periodic interest rate was earned? Write your answer as a percentage rounded to 3 decimal places.

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