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1. Find the nominal rate of interest convertible quarterly which is equivalent to a nominal rate of discount of 8% per year convertible quarterly. 2.
1. Find the nominal rate of interest convertible quarterly which is equivalent to a nominal rate of discount of 8% per year convertible quarterly.
2. Find the nominal rate of interest convertible semiannually which is equivalent to a nominal rate of interest of 9% per annum convertible monthly
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