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What is the effective rate of nominal rate, compounded Thus, higher the compounding periods, higher the Effective Rate Since you are investing, you will invest

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What is the effective rate of nominal rate, compounded Thus, higher the compounding periods, higher the Effective Rate Since you are investing, you will invest in an account with higher EAR - First Account Step 2: Prepare the Amortization Table (1) Int paid in 1$9,930.00 (2) Bal rem at $48,315.30 (3) Princ repai \$ $(4,392.30) Sten 2. Prenare the Amortization Tahle

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