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After 1 0 years of semi - annual compounding, an $ 8 0 0 0 investment in a GIC earns $ 3 0 0 0

After 10 years of semi-annual compounding, an $8000 investment in a GIC earns $3000 in interest. What is the nominal interest rate?Select one:a.3.21%b.3.61%c.3.71%d.3.51%e.4.21%

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