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1 Which of the two investment options would you prefer: First - $1000 invested at 5% for one year or Second - $1000 invested at
1 Which of the two investment options would you prefer: First - $1000 invested at 5% for one year or Second - $1000 invested at 5% compounded semi-annually for one year? Q2 Find the nominal interest rate for 0.5% compounded quarterly
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