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1. Find the Effective Rate Equivalent to the nominal rate of 9% compounded quarterly? (3 Points) 9.0096 9.20% 9.38% 9.31% 2. How much should I

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1. Find the Effective Rate Equivalent to the nominal rate of 9% compounded quarterly? (3 Points) 9.0096 9.20% 9.38% 9.31% 2. How much should I invest in order to have $5,000 at the end of 3 years if my account will earn 5.4% compounded continuously? (3 Points) $5,979 $5,879 $4,252 $5.779

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