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Show all keystrokes (PV, FV, I/Y, & N) or formula What is the difference between nominal and effective interest rate? 16. How much would you

Show all keystrokes (PV, FV, I/Y, & N) or formula

  1. What is the difference between nominal and effective interest rate?

16. How much would you have to invest today to receive

If you invest $77,000 today, how much will you have

In 3 years at 8%?

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