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a) Your friend deposits $2,500 into a savings account for 5 years. The account pays 14.1% p.a compounding quarterly. The equivalent simple interest rate expressed
a) Your friend deposits $2,500 into a savings account for 5 years. The account pays 14.1% p.a compounding quarterly. The equivalent simple interest rate expressed on a per annum basis is is (as a perc...
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