You deposit $100 at the end of every month for 7 years.At the end of 7 years you wish to have accumulated $12,600.Using linear interpolation,what nominal rate of interest,j₁₂,is required? A)11.06% B)11.15% C)11.90% D)11.94%

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The Answer of You deposit $100 at the end of every month for 7 years.At the end of 7 years you wish to have accumulated $12,600.Using linear interpolation,what nominal rate of interest,j₁₂,is required? A)11.06% B)11.15% C)11.90% D)11.94%

You Deposit $100 at the End of Every Month for 7