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fThe expression for Effective Interest Rate (EIR) when the compounding period is daily and the interest rate is 10.5% 0 1.1051 365 0 2.105112 0

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\fThe expression for Effective Interest Rate (EIR) when the compounding period is daily and the interest rate is 10.5% 0 1.1051 365 0 2.105112 0 (1+0.1051365)"365 O ((1+o.105x12)*12) -1 0 1.105865 0 ((1+0.105!365)"365)-1 O Other: The economic notation for Gradient Series Compound Amount Factor is: 000000 (G/F, m, N) (FIG, i%, N) (G/F', i%, N) (P/F, i%, N) (PIA. 1%, N) Other: If C= $15,000, N= 20, Z=$15,000, i= 20%, r=8%. If the payments are made semiannually then VN will be: (Hint: Use (PF, 10%, 40) = 0.221 and (PIA, 10%, 40) = 9.779) (Z) $8765 $4573 R5.567345 $9132 $5673 00000 Other

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