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-Draw the cash flow diagram -Show the procedure for finding the solution step by step. please and thank you. Nominal and effective interest rates 1.-

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-Draw the cash flow diagram -Show the procedure for finding the solution step by step. please and thank you.

Nominal and effective interest rates 1.- Calculate the effective annual interest rate of consider annual cash flows: a) An interest rate of 12% annual nominal, compounded semi-annually b) An interest rate of 12% annual nominal, compounded quarterly c) An interest rate of 12% annual nominal, compounded monthly

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