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What is the nominal annual rate of interest compounded quarterly if deposits of $270 made each month for 4.0 years accumulate to $13,800? The
What is the nominal annual rate of interest compounded quarterly if deposits of $270 made each month for 4.0 years accumulate to $13,800? The nominal annual rate of interest is % compounded quarterly. (Round to two decimal places as needed.)
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Contemporary Business Mathematics with Canadian Applications
Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs
10th edition
133052311, 978-0133052312
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