Find the nominal annual rate of interest for the following investment. Principal $1256.00 Future Value...
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Find the nominal annual rate of interest for the following investment. Principal $1256.00 Future Value $1303.97 Time Due 3 years Frequency of Conversion quarterly The nominal annual rate of interest is % compounded quarterly. (Round the final answer to four decimal places as needed. Round all intermediate values to six decimal places as needed.)
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