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( a ) $ 1 2 0 , 0 0 0 amortized monthly for ten years at a nominal discount rate of 6 . 8

(a) $120,000 amortized monthly for ten years at a nominal discount rate of 6.8% convertible monthly.
% interest convertible monthly. The bank receives the sinking fund deposits.
%
(c) $500,000 to be repaid with interest at the end of ten years with an effective rate of discount of 8.8% throughout the ten years.
%
(d) Find the bank's annual effective yield on the package of loans over the ten-year period. (Round your answer to three decimal places.)
%
PLEASE SOLVE D. A,B,&C are correct
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