Question: pls do the question right and if it needs to use a financial calculator show me how to use the calculator step by step the
5. Determine the nominal annual rate of interest of the following ordinary general annuity. Term Present Value $30,200 Periodic Payment $1044.21 Payment Interval 3 months Conversion Period annually 9 years The nominal annual rate of interest is (Round to two decimal places as needed.) % compounded annually. Answer: 5.03
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