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mathematics of business please help quickly Question 2 Not yet answered Nominal rate means that the rate which when compounded annually gives the same amount

mathematics of business
please help quickly
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Question 2 Not yet answered Nominal rate means that the rate which when compounded annually gives the same amount each year as the effective rate converted mtimes a year. Marked out of 1.00 P Rag question Select one: True False Question 3 Determine the compound present value of $45,000 due at the end of 6 years with 14% interest, m-4 Not yet answered Marked out of 2.00 Select one: P Flag question A. $19,980.54 OB. $24,456.52 C. $19,708.07 O D. $101,348,62

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