What is the nominal annual rate of interest compounded quarterly at which $1094.00 will accumulate to...
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What is the nominal annual rate of interest compounded quarterly at which $1094.00 will accumulate to $1862.76 in five 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.) What is the nominal annual rate of interest compounded quarterly at which $1094.00 will accumulate to $1862.76 in five 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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