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
3. Compute the nominal annual rate of interest for the following ordinary simple annuity. Payment Conversion Present Value Periodic Rent Interval Term Period $4,300.00 $781.19 1 year 8 years annually % compounded annually. The nominal annual rate of interest is (Round to two decimal places as needed.) Answer: 9.15
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