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Business, 26.02.2020 21:51 mmimay3501

For an interest rate of 12% per year compounded continuously, find (a) the nominal rate per year, (b) the nominal rate per quarter; (c) the effective rate per quarter, and (d) the effective rate per month. For an interest rate of 12% per year compounded continuously, find (a) the nominal rate per year, (b) the nominal rate per quarter; (c) the effective rate per quarter, and (d) the effective rate per month.

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