Question: ANSWER ASAP Use graphical approximation techniques or an equation solver to approximate the desired interest rate. An employee opens a credit union account and deposits

ANSWER ASAP ANSWER ASAP Use graphical approximation techniques or an equation solver to approximate

Use graphical approximation techniques or an equation solver to approximate the desired interest rate. An employee opens a credit union account and deposits $110 at the end of each month. After one year, the account contains $1324.06. What annual nominal rate compounded monthly has the account eamed? The annual nominal rate is (Round the final answer to fwo decimal places as needed. Round ali intermediate values to six decimal places as needed.)

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