document.write( "Question 467455: Find the effective annual interest rate of an account containing $1500 which is compounded monthly at 7% \n" ); document.write( "
Algebra.Com's Answer #320770 by robertb(5830)\"\" \"About 
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\"%281%2Bi%2Fn%29%5En+-+1+=+%281%2B0.07%2F12%29%5E12+-+1+=+0.07229\", or 7.229%. \n" ); document.write( "
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