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Li Jun's investment of $84,600.00 in a fund matured to $123,753.83 in 5 years. If the interest in the fund is compounded quarterly, calculate the
Li Jun's investment of $84,600.00 in a fund matured to $123,753.83 in 5 years. If the interest in the fund is compounded quarterly, calculate the following rounded to two decimal places.
a. Periodic interest rate (i)(i)
%
b. Nominal interest rate (j)(j)
%
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