What is the nominal annual rate of interest compounded annually on a lease valued at $21600 if

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What is the nominal annual rate of interest compounded annually on a lease valued at $21600 if payments of $680 are made at the beginning of each month for three years?
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Contemporary Business Mathematics with Canadian Applications

ISBN: 978-0133052312

10th edition

Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs

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