Mathematics
Mathematics, 31.03.2020 04:41, Crxymia

Suppose that $700 amounted to $801.06 in a savings account after two years. If interest was compounded quarterly, find the nominal rate of interest, compounded quarterly, that was earned by the money.

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Suppose that $700 amounted to $801.06 in a savings account after two years. If interest was compound...

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