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You want to determine the present value of $ 12500 due in 10 years. The current annual rate is at 7.8%, but is compounded quarterly.

You want to determine the present value of $ 12500 due in 10 years. The current annual rate is at 7.8%, but is compounded quarterly. Find i (periodic rate) O a.0.039 O b. 0.0065 O c.0.065 O d. 0.195 O e 0.0195

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