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Do Homework - Assignment 03, Spring 2023 - Google Chrome X mylab.pearson.com/Student/PlayerHomework.aspx?homeworkld=646517273&questionld=1&flushed=false&cld=7254494¢erwin=yes BUQU 1130, Spring 2023, S14 HIU SHUN WONG 03/09/23 4:17 PM E Homework:

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Do Homework - Assignment 03, Spring 2023 - Google Chrome X mylab.pearson.com/Student/PlayerHomework.aspx?homeworkld=646517273&questionld=1&flushed=false&cld=7254494¢erwin=yes BUQU 1130, Spring 2023, S14 HIU SHUN WONG 03/09/23 4:17 PM E Homework: Assignment 03, Spring 2023 Question 6, Review Exercise 16 HW Score: 23.91%, 11 of 46 points Save O Points: 0 of 5 Question list K Satwinder deposited $145 at the end of each month for fifteen years at 7.5% compounded monthly. After her last deposit she converted the balance into an ordinary annuity paying $1200 every three months for twelve years. If interest on the annuity is compounded semi-annually what is the nominal rate of interest paid by the annuity? Question 1 The nominal rate is % compounded semi-annually. (Round to four decimal places as needed.) Question 2 O Question 3 x Question 4 O Question 5 Question 6 O Question 7 Question 8 Textbook Ask my instructor Clear all Final check 11 C Q Search CD X ENG 4:17 PM US 2023-03-09

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