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Question He At what nominal annual rate of interest will money double itself in (a) six years, six months if compounded semi-annually? (b) four years,

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Question He At what nominal annual rate of interest will money double itself in (a) six years, six months if compounded semi-annually? (b) four years, nine months if compounded quarterly? (a) The nominal annual rate of interest for money to double itself in six years, six months is 1% per annum compounded semi-annually (Round the final answer to four decimal places as needed. Round all intermediate values to six decimal places as needed.) (b) The nominal annual rate of interest for money to double itself in four years, nine months is 1% per annum compounded quarterly (Round the final answer to four decimal places as needed. Round all intermediate values to six decimal places as needed) How long will it take 5912.00 to accumulate to $1052.00 at 3% p.a compounded quarterly State your answer in years and months (from 0 to 11 months) The investment will take year(s) and month(s) to mature

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