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A man deposits P 5 0 0 at the end of each year and expected to have an amou end of 5 years. 1 .

A man deposits P

500

at the end of each year and expected to have an amou end of

5

years.

1 .

What is the nominal rate of interest if it is compounded annually?

2 .

What is the nominal rate of interest if it is compounded continuously?

3 .

Compute the equivalent compound amount factor if it is compounded co

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