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What is the nominal annual rate of interest compounded quarterly if a loan of $20,000 is repaid in seven years by payments of $2000 made

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What is the nominal annual rate of interest compounded quarterly if a loan of $20,000 is repaid in seven years by payments of $2000 made at the end of every six months? The nominal annual rate of interest is % compounded quarterly (Round to two decimal places as needed.)

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