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Travis invested an amount of $14,000 in a mutual fund. After 3 years and 3 months the accumulated value of his investment was $15,137.08. What

Travis invested an amount of $14,000 in a mutual fund. After 3 years and 3 months the accumulated value of his investment was $15,137.08. What is the quarterly compounded nominal interest rate of the investment?

%

Round to two decimal places

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