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7. At what nominal annual rate of interest will money double itself in six years,...

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Accounting

7. At what nominal annual rate of interest will money double itself in six years, six months if compounded semi-annually? The nominal annual rate of interest for money to double itself in six years, six months is __ % per annum compounded semi-annually. (Round the final answer to four decimal places as needed Round all intermediate values to six decimal places as needed.

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