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You plan to make deposit $1,400 into a bank account for 30 months at the beginning of each month. You expect to have $45,000 in
You plan to make deposit $1,400 into a bank account for 30 months at the beginning of each month. You expect to have $45,000 in your account at the end of the 30th month. What is the nominal annual interest rate (APR) (consider monthly compounding)?
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