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Determine the nominal rate (two decimals) equivalent to the given a. annual effective rate : i (1) = 6%, determine i(2) i (1) = 10%,
Determine the nominal rate (two decimals) equivalent to the given
a. annual effective rate :
i (1) = 6%, determine i(2)
i (1) = 10%, determine i(12)
i (1) = 17%, determine i(365)
b. nominal rate:
i (2) = 8%, determine i(6)
i (12) = 18%, determine i(4)
i (52) = 4%, determine i(365)
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