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Hello, I need help with this question. I don't know how to apply the given info to the formula that was given to us. Thank
Hello, I need help with this question. I don't know how to apply the given info to the formula that was given to us. Thank you!
If P15,000 accumulates to P21,200 in 7 years, with interest compounded semi-annually, what is the nominal rate of interest?
Given formulas:
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