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What is the nominal annual rate of interest

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What is the nominal annual rate of interest compounded quarterly at which $1094.00 will accumulate to $1862.76 in five years and three 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.)

Reference no: EM133059961

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What is the nominal annual rate of interest : What is the nominal annual rate of interest compounded quarterly at which $1094.00 will accumulate to $1862.76 in five years and three months?
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