Question: please answer it as soon as possible a Arooj and Meena planned to save $29,000 to purchase a machine for their bakery. They achieved this


please answer it as soon as possible
a Arooj and Meena planned to save $29,000 to purchase a machine for their bakery. They achieved this target by depositing $2,300 at the end of every month into an investment fund for 1 year. What was the nominal interest rate compounded monthly at which the fund was growing? % Round to two decimal places Question 13 of 18 An interest-bearing promissory note for $6,500 is due in 180 days with simple interest at 6.75% p.a. If this note is sold after 75 days by discounting at a rate of 8.00% p.a., calculate the proceeds of the note. Round to the nearest cent
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