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QUESTION 3 A payment of $200 is made at the end of each two months for a period of ten years. The nominal annual rate

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QUESTION 3 A payment of $200 is made at the end of each two months for a period of ten years. The nominal annual rate of interest is 12 percent. convertible every 3 months. Find the present value of this series of payments. A. 6533 8.6693 C. 6771 D. 6824 E. 6969

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