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At what nominal rate of interest compounded semi-annually will $5000 accumulates to $7002.64 in 6.5 years? ) 0.8656% Ob) 0.02625% ) 0.0525% d) 5.25% )

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At what nominal rate of interest compounded semi-annually will $5000 accumulates to $7002.64 in 6.5 years? ) 0.8656% Ob) 0.02625% ) 0.0525% d) 5.25% ) 2.625%

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