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2. Prove that i'm) 2. Prove that i(m) < i (I Hint: use that 1] and i = Use the Binomial Theorem of 1. Newton

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2. Prove that i'm)

2. Prove that i(m) < i (I Hint: use that 1] and i = Use the Binomial Theorem of 1. Newton to express the accumulation factor with nominal interest rate as a. expanded sum.

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