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(4) Given i(2)=0.0012, compute i(12) (5) You deposit $4000 into an account that earns interest at a nominal annual rate of 4% compounded every 4

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(4) Given i(2)=0.0012, compute i(12) (5) You deposit $4000 into an account that earns interest at a nominal annual rate of 4% compounded every 4 months. Determine the balance at the end of 32 months. (6) You deposit $1000 into an account that pays 4% annual effective interest for 10 years. At the end of 10 years, you add another $10000 to the accumulated balance and reinvest the total amount into an account that pays a nominal annual interest rate of 5% compounded semi-annually for another 10 years. Compute the accumulated amount at the end of 20 years. (7) Determine di(3)di(2) State the final answer in terms of i. (4) Given i(2)=0.0012, compute i(12) (5) You deposit $4000 into an account that earns interest at a nominal annual rate of 4% compounded every 4 months. Determine the balance at the end of 32 months. (6) You deposit $1000 into an account that pays 4% annual effective interest for 10 years. At the end of 10 years, you add another $10000 to the accumulated balance and reinvest the total amount into an account that pays a nominal annual interest rate of 5% compounded semi-annually for another 10 years. Compute the accumulated amount at the end of 20 years. (7) Determine di(3)di(2) State the final answer in terms of

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