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Question 2 You have recently deposited in a bank $2000, paying interest rate of 12% p.a. What is the value of this deposit after 2

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Question 2 You have recently deposited in a bank $2000, paying interest rate of 12% p.a. What is the value of this deposit after 2 year if it is compounded: a) Annually b) Semi-annually c) Quarterly d) Monthly e) weekly Question 3 What is Equivalent' interest rate of 10% p.a 6 Annually b) Semi-annually ) c) Quarterly v d) Monthly e) weekly

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