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1. Given an annual effective rate of interest of 8.18%, for a 10,000 investment made today; an investor receives 1,000 in one year, X in

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Given an annual effective rate of interest of 8.18%, for a 10,000 investment made today; an investor receives 1,000 in one year, X in two years and $5,000 in three years. Find X. 5,126 6,490 5,703 5,999Nino and Mathias both open accounts with equivalent effective rates of interest. Pablo's account earns a nominal interest rate of 3.000% convertible semiannually. Gerald's account earns a nominal interest rate of x% convertible monthly. Find Gerald's nominal interest rate. 3.022% O 2.981% 2.960% 3.019%

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