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solve this question view how to solve this question from second image thankyou... K Determine the nominal annual rate of interest of the following ordinary

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K Determine the nominal annual rate of interest of the following ordinary general annuity. Term Conversion Present Value Periodic Payment Payment Interval Period $4600 $59.94 1 month 8 years quarterly The nominal annual rate of interest is % compounded quarterly. (Round to two decimal places as needed.)

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