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01 The nominal annual interest rate compounded quarterly is 9.008. What is the equivalent nominal annual interest rate compounded semi-annually? A: 9.10125% B: 8.91922% C:
01 The nominal annual interest rate compounded quarterly is 9.008. What is the equivalent nominal annual interest rate compounded semi-annually? A: 9.10125% B: 8.91922% C: 9.28327% D: 8.82821% E: 9.37429% 02) On January 7, 2022, Bella deposits $10300.00 in a savings account earning 2.20% simple interest. How much money is in her account on June 26, 2022 assuming we are using an ACT/360 daycount convention? A: $9990.73 B: $10302.94 C: $10823.29 D: $10407.01 E: $9886.66
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