Question: If $ 1 1 2 5 . 0 0 accumulates to $ 1 5 3 9 . 0 6 in five years, five months compounded

If $1125.00 accumulates to $1539.06 in five years, five months compounded monthly, what is the effective annual rate of interest?
If $1125.00 accumulates to $1539.06 in five years, five months compounded

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