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You agree to make 24 deposits of $500 at the BEGINNING of each month into a bank account. At the end of the 24th month,
You agree to make 24 deposits of $500 at the BEGINNING of each month into a bank account. At the end of the 24th month, you will have $13,550 in your account. If the bank compounds interst monthly, what NOMINAL annual interest rate will you be earning? Please use calculate and show steps
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The Lifestyle Investor
Authors: Justin Donald, Ryan Levesque, Mike Koenigs
1st Edition
1636800130, 978-1636800134
