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Question One: (6marks) Determine the Future equivalent value of $10,000 paid every quarter over a period of two years in each of the following situations:

Question One: (6marks) Determine the Future equivalent value of $10,000 paid every quarter over a period of two years in each of the following situations: a) Nominal interest rate is 28% compounded quarterly. b) Nominal interest rate is 28% compounded weekly

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