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Calculate the nominal rate of interest pas compounded semi-annually if $5000.00 accumulates to $7002.61 in 78 months. Select one: a. 2.625% O O b. 0.02625%

Calculate the nominal rate of interest pas compounded semi-annually if $5000.00 accumulates to $7002.61 in 78 months. Select one: a. 2.625% O O b. 0.02625% C. 0.0525% d. 5.25% e. 0.8656% O O

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