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What is the nominal annual rate of interest compounded monthly at which $698.00 will accumulate to $2279.82 in two years and seven months? The nominal

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What is the nominal annual rate of interest compounded monthly at which $698.00 will accumulate to $2279.82 in two years and seven months? The nominal annual rate of interest is (Round the final answer to four decimal places as needed. Round all intermediate values to six decimal places as needed.)

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