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You invest $12,000 now and get $14,000 back in 7 years. (A) What nominal interest rate convertible every four months did you earn? (B) What

You invest $12,000 now and get $14,000 back in 7 years. (A) What nominal interest rate convertible every four months did you earn? (B) What nominal discount rate compounded semi-annually did you earn? (C) What annual effective rate of discount did you earn?

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