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A sum of $100 is accumulated at a nominal rate of discount of 7.5% per year convertible quarterly for 1 year, and then at a

A sum of $100 is accumulated at a nominal rate of discount of 7.5% per year convertible quarterly for 1 year, and then at a nominal rate of interest of 7.5% per year convertible quarterly for 1 year. What is the accumulated amount of the investment after 2 years?

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