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PLEASEE CAN U HELP MEEE WITH THIS Assume the nominal interest rate is 5%. The effective interest rate if interest is compounded 1) daily 2)
PLEASEE CAN U HELP MEEE WITH THIS
Assume the nominal interest rate is 5%. The effective interest rate if interest is compounded1) daily
2) quarterly
part b: What is the FV of a 16 year ordinary annuity with annual payments of $1,690 evalueted at a 8.5% interest rate?
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