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QUESTION 10 Compute the nominal annual rate of interest (compounded monthly) at which $225.00 deposited at the end of each month for ten years will

QUESTION 10 Compute the nominal annual rate of interest (compounded monthly) at which $225.00 deposited at the end of each month for ten years will amount to $40 000,00. Calculate to two decimals. Enter as follows: 12.34% -12.34

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