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a. Calculate the rate per compounding period, i, for each of the following. i) 9% per annum, compounded monthly ii) 6% per annum, compounded quarterly.

a. Calculate the rate per compounding period, i, for each of the following. i) 9% per annum, compounded monthly ii) 6% per annum, compounded quarterly.

b. Calculate the total number of compounding periods, n, for each of the following. i) Compounded semi-annually for 8 years ii) Compounded monthly for 6 years

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