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a. FV of $200 paid each 6 months for 5 years at a nominal rate of 12% compounded semiannually. Do not round intermediate calculations. Round

image text in transcribedimage text in transcribed a. FV of $200 paid each 6 months for 5 years at a nominal rate of 12% compounded semiannually. Do not round intermediate calculations. Round your answer to the nearest cent. $ b. FV of $100 paid each 3 months for 5 years at a nominal rate of 12% compounded quarterly. Do not round intermediate calculations. Round your answer to the nearest cent. $ c. These annuities receive the same amount of cash during the 5-year period and earn interest at the same nominal rate, yet the annuity in part b ends up larger than the You borrow $325,000; the annual loan payments are $26,190.58 for 30 years. What interest rate are you being charged? Round your answer to the nearest whole number. %

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