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Additional Info: It is trick question and the answer is very easy . For example Q1 , semi annually , which is 2 times in
Additional Info: It is trick question and the answer is very easy . For example Q1 , semi annually , which is 2 times in a year, so you just can write 2.I. Fill in the blank with the correct compounded value (m) \begin{tabular}{l|l} Annual nominal & -The interest rate for a year together with rate (k) in year. in yearcy in which interest calculated -Annual nominal interest rate, k=12% compounded quarterly -Interest calculated 4 times a year \\ \hline Interest period & -The length of time in which interest is calculated. - interest period =3 months \end{tabular}
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