At what nominal rate of interest compounded monthly will $40 000.00 earn $7200.00 interest in three years?
A) 6%
B) 0.461%
C) 4.879%
D) 59%
E) 4.61%

Name: At what nominal rate of interest compounded monthly will $40 000.00 earn $7200.00 interest in three years? A) 6% B) 0.461% C) 4.879% D) 59% E) 4.61%
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The Answer of At what nominal rate of interest compounded monthly will $40 000.00 earn $7200.00 interest in three years?
A) 6%
B) 0.461%
C) 4.879%
D) 59%
E) 4.61%

At What Nominal Rate of Interest Compounded Monthly Will $40