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Please answer the question for the following cases repectively: (a) How many years will it take for $4000, invested at 4% p.a compounded quarterly to
Please answer the question for the following cases repectively: (a) How many years will it take for $4000, invested at 4% p.a compounded quarterly to grow to $4880.76? (b) Calculate the nominal annual rate of interest compounded monthly if $4000 accumulates to $5395.4 in five years. (c) Calculate the future value after one year of a debt of $100 accumulated at (i) 12.55% compounded annually; (ii) 12.18% compounded semi-annually
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