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5.) The annual maintenance cost of a monument in the state capital is estimated to be $4850. A peripheral fund of S100,000 is set up

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5.) The annual maintenance cost of a monument in the state capital is estimated to be $4850. A peripheral fund of S100,000 is set up to pay for this maintenance expenditure. Determine the interest rate this fund earns if the interest is compounded quarterly E. 4.58% F.4.76% G.4.39% H. None of these

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