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What is the nominal annual rate of interest compounded monthly on a lease valued at $28,999.00, if payments of $3000.00 are made at the beginning

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What is the nominal annual rate of interest compounded monthly on a lease valued at $28,999.00, if payments of $3000.00 are made at the beginning of every six months for 5 years? The nominal annual rate of interest is %. (Round to two decimal places as needed.)

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