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What is the monthly discount rate expressed as an nominal annual rate for a future value of $182 500 to be reduced to $178 663.58
What is the monthly discount rate expressed as an nominal annual rate for a future value of $182 500 to be reduced to $178 663.58 over a period of 4.25 years? Select one: O A. 4.06% O B. 4.88% O C. 6.88% O D. 0.50% O E. 8.04%
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