tics (Sep 2021) Brown Perpetuities Georgian College is considering the establishment of a $1,030,000 endowment held in perpetuity for the chair of the Henry Bernick Entrepreneurship Centre. The ongoing cost would be $6,200 at the end of each month. on a.) Find the nominal annual interest rate compounded monthly. (Correct to 4 decimals) 78579.96 Hint: Use the BA II Plus - Set N = 10,000) x b.) Find the interest rate per month. (Correct to 4 decimals) 1 C.) Find the annual effective rate of interest. (Correct to 4 decimals) 1 X Check