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(Solved): Find the nominal annual rate of interest for the following investment. Principal $1748.00 Future Va ...




Find the nominal annual rate of interest for the following investment.
Principal
$1748.00
Future Value
$1764.59
Time Due.
7 y
Find the nominal annual rate of interest for the following investment. Principal $1748.00 Future Value $1764.59 Time Due. 7 years Frequency of Conversion quarterly The nominal annual rate of interest is compounded quarterly (Round the final answer to four decimal places as needed. Round all intermediate values to six decimal places as needed.).


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