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Question 8 of 1 0 You invested $ 1 0 , 5 0 0 at the end of each year for 6 years in an

Question 8 of 10
You invested $10,500 at the end of each year for 6 years in an investment fund. At the end of year 6, if the balance in the fund was $83,000, what was the nominal interest rate compounded annually?
%
Round to two decimal places
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