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what was the answer What is the nominal annual rate of interest compounded monthly at which $1605.00 will accumulate to $2499 96 in seven years

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What is the nominal annual rate of interest compounded monthly at which $1605.00 will accumulate to $2499 96 in seven years and nine 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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