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quickly any correct choice If the interest statement indicates a 3% per quarter, the compound period is calculated : 5 Quarterly .a Yearly.b Monthly .c

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If the interest statement indicates a 3% per quarter, the compound period is calculated : 5 Quarterly .a Yearly.b Monthly .c Weekly .d 6 1.00 Suppose that a $100 lump-sum amount is invested for 10 years at a nominal interest rate of 6% compounded quarterly. How much is it worth at the end of the 10th ?year : 6"span class="sr-only> .111 .3 .a .181.40b .240 .3 .400.d

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