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Sami deposit an amount of 2000$ in a bank. Seven years later, Sami went to the bank and found that his account increased to 4000

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Sami deposit an amount of 2000$ in a bank. Seven years later, Sami went to the bank and found that his account increased to 4000 S. 1. If the bank pays the interest continuously, what are the nominal interest rate and the effective interest rate? 2. If the bank pays the interest per month, what are the nominal and effective interest rates per year

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