Question: possible This question: 4 point(s) possible Submit test What is the nominal annual rate of interest compounded quarterly at which $1279.00 will accumulate to $1407.69

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possible This question: 4 point(s) possible Submit test What is the nominal annual rate of interest compounded quarterly at which $1279.00 will accumulate to $1407.69 in seven years and three months? The nominal annual rate of interest is %. (Round the final answer to four decimal places as needed. Round all intermediate values to six decimal places as needed.)

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