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1. For a sum of money interested at 4% compounded semi-annually for 5 years. a. the nominal annual rate of interest (i). b. The number

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1. For a sum of money interested at 4% compounded semi-annually for 5 years. a. the nominal annual rate of interest (i). b. The number of compounding periods per year (m). C. The periods rate of interest (i) d. The number of compounding periods in the term (n) e. The compounding factors (1+i)" f. The numerical value of the compounding factors. David has invested $4447 in a 180-day savings certificate with an interest rate of 3.65%. How much money will he have at the maturity time? Select one: a. $4572.05 O b. $4527.05 O C. $4672.05 d. $4527.05

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