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Q1 (a) What is the nominal rate compounded quarterly that will make RM 500 become RM 1500 in five years? (7 marks) (CLOI:PLO2:C3)(CLO1:PLO2:C3) (b) Find

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Q1 (a) What is the nominal rate compounded quarterly that will make RM 500 become RM 1500 in five years? (7 marks) (CLOI:PLO2:C3)(CLO1:PLO2:C3) (b) Find the effective rate which is equivalent to 8% compounded semi-annually (4 marks) (CLOI:PLO2:C3)(CLOI:PLO2:C3)

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