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You want to determine the present value of 512500 due in 10 years. The current annual rate is at 7.8%, but is compounded every 2

You want to determine the present value of 512500 due in 10 years. The current annual rate is at 7.8%, but is compounded every 2 months. Find i (periodic rate) a. 0.0065 b. 0.039 c 0.0195 d. 0.065 e. 0.013

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