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An amount of $45,560 will provide 9 years of payments of $1,776.80 at the end of every 3 months. Find the corresponding interest rate as

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An amount of $45,560 will provide 9 years of payments of $1,776.80 at the end of every 3 months. Find the corresponding interest rate as a percentage with 2 decimals, e.g., 9.87 a) What is the monthly compounded nominal rate? Mode N= P/Y= Rate = b) What is the effective rate

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