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What is the nominal annual rate of interest compounded semi-annually if deposits of $232 made each month for 3.5 years accumulate to $11,100? C. The

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What is the nominal annual rate of interest compounded semi-annually if deposits of $232 made each month for 3.5 years accumulate to $11,100? C. The nominal annual rate of interest is % compounded semi-annually. (Round to two decimal places as needed.)

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