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4. Problem 4.73: Assume that monthly deposits of $200 are made starting one month from now into an account that pays 6% per year, compounded

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4. Problem 4.73: Assume that monthly deposits of $200 are made starting one month from now into an account that pays 6% per year, compounded semiannually. If we want to know how much the account will have after four years, then the value of i that should be used in the FIA factor, assuming no inter-period interest, is which of the following? a. 0.5% b. 3.0% c. 6.0% d. 12.0% 5, Problem 4.74: An interest rate of 2% per quarter, compounded continuously, is closest to an effective semiannual rate of a. b, c. d. 2.00% per semiannual period. 2.02% per semiannual period. 4.00% per semiannual period. 4.08% per semiannual period

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