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(a) What eective rate of interest per month is equivalent to an eective rate of interest of 12% per two years? (b) What eective rate
(a) What eective rate of interest per month is equivalent to an eective rate of interest of 12% per two years? (b) What eective rate of interest per 1.3 years is equivalent to an eective rate of interest of 1% per three months? (c) What force of interest per half year is equivalent to an eective rate of interest of 5% per eight months?
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