Question: please show formula and clear solutions. round off answer to two decimal places Question 12 of 12 You invested $11,500 at the end of each

please show formula and clear solutions. round off answer to two decimal places

Question 12 of 12 You invested $11,500 at the end of each year for 5 years in an investment fund. At the end of year 5, if the balance in the fund was $69,500, what was the nominal interest rate compounded annually? Round to two decimal places

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