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For the interest rate of 5% p.a. paid semi-annually (every 6 months), find the equivalent rate i per annum paid: (a) annually; (b) quarterly (every
For the interest rate of 5% p.a. paid semi-annually (every 6 months), find the equivalent rate i per annum paid:
(a) annually;
(b) quarterly (every 3 months);
(c) monthly;
(d) weekly;
(e) continuously.
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