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2,4,5 only please Question 4.02 The nominal annual interest rate compounded monthly is 10%. Calculate the force of interest. A9.96%10.04%C10.47%D10.52%E10.60% Question 4.03 The nominal annual
2,4,5 only please
Question 4.02 The nominal annual interest rate compounded monthly is 10%. Calculate the force of interest. A9.96%10.04%C10.47%D10.52%E10.60% Question 4.03 The nominal annual discount rate compounded quarterly is 9%. Calculate the force of interest. A8.61%B8.90%C9.10%D9.42%E9.77% Question 4.04 The monthly effective discount rate is 1%. Calculate the force of interest. A 12.00% B 12.06% C 12.12% D 12.68% E 12.81% Question 4.05 The nominal annual interest rate compounded every other year is 11%. Calculate the annual force of interest. A 9.94% B 10.44% C 10.71% D 11.30% E 11.63%Step by Step Solution
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