Question: #6 - Chapter 12 K Question 13, 12.5a > Determine the nominal annual rate of interest of the following ordinary general annuity. Future Value Periodic

#6 - Chapter 12 K Question 13, 12.5a > Determine the nominal annual rate of interest of the following ordinary general annuity. Future Value Periodic Payment $318 Conversion Period ser annually $18,250 Payment Interval 3 months Term 12 years The nominal annual rate of interest is% compounded semi-annually. (Round to two decimal places as needed.) O Points: 0 of 1

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