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2. Given the nominal rate of 22% a. What is the effective rate if compounded annually (10 points) b. For the following compounding periods, fill

2. Given the nominal rate of 22% a. What is the effective rate if compounded annually (10 points) b. For the following compounding periods, fill in the blanks. Show your work beside each row for credit (5 points each row) Compound Period CSA CO CM CD C Hourly C Minutely C Secondl # Compound Periods EAIR% NIA 2. Given the nominal rate of 22% a. What is the effective rate if compounded annually (10 points) b. For the following compounding periods, fill in the blanks. Show your work beside each row for credit (5 points each row) Compound Period CSA CO CM CD C Hourly C Minutely C Secondl # Compound Periods EAIR% NIA

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