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determine: a. annual nominal interest rate i(2) (two decimals) equivalent to a nominal discount rate of d(4) = 7% b. d(4) equivalent to a simple

determine:

a. annual nominal interest rate i(2) (two decimals) equivalent to a nominal discount rate of d(4) = 7%

b. d(4) equivalent to a simple rate of interest i=8% and a simple discount rate d=8%

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