Question: i need the answer to this question asap as its due in 1 hour Question 7 of 10 The present value of a 8 year

i need the answer to this question asap as its due in 1 hour

Question 7 of 10 The present value of a 8 year lease that requires payments of $550 at the beginning of every month is $50,300. What is the nominal interest rate compounded monthly charged on the lease? % Round to two decimal places

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