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Convert a nominal rate of 8.50% compounded semi-annually to a nominal rate compounded monthly. What is the effective rate? Find the accumulated amount of 9000
- Convert a nominal rate of 8.50% compounded semi-annually to a nominal rate compounded monthly. What is the effective rate?
- Find the accumulated amount of 9000 invested 5.75% compound monthly at for a period of 6 years.
- Find the accumulated amount of 3500 invested 7.40% compound weekly at for a period of 10 years.
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