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Posted on Jul 11, 2024

What nominal interest rate per year, compounded 7 times per year, corresponds to a force of interest of 8.3% per year? (Give your answer rounded

What nominal interest rate per year, compounded 7 times per year, corresponds to a force of interest of 8.3% per year? (Give your answer rounded to 6 decimal places. If you think the answer is 10.123456%, type in 0.101235)

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