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MATHEMATICS OF BUSINESS AND FINANCE (1) If $13,376.39 was the interest earned on lending $93,000.00 for 9 years, what was the quarterly compounding nominal interest

MATHEMATICS OF BUSINESS AND FINANCE

(1) If $13,376.39 was the interest earned on lending $93,000.00 for 9 years, what was the quarterly compounding nominal interest rate charged on the loan?

(2) What monthly compounding nominal interest rate is earned on an investment that doubles in 6 years?

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