o 5 Tests (a) Find the nominal annual rate of interest at which 51500 will...
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o 5 Tests (a) Find the nominal annual rate of interest at which 51500 will grow to $1800 in four years compounded monthly (b) Find the nominal annual rate of interest at which money will double in seven years compounded quartery (c) Find the nominal annual rate of interest if the effective annual rate of interest is 7 75% and compounding is done monthly (d) Find the effective rate of interest that is equivalent to a nominal rate of 6% compounded quarterly (a) The nominal tate of interest is % (Round the final answer to four decimal places as needed Round all intermediate values to so decimal places as needed (b). The nominal rate of interest is % (Round the final answer to four decimal places as needed. Round all intermediate values to so decual places de (c) The nominal rate of interest is % Round the final answer to four decimal places as needed Round intermediate voces nended) (d) The effective rate of interest % Round the final answer to four decimal places as needed Bundmates to decimal places morded Enter your other The Finance Type here to search 627 * & 9 0 YA 3 8 2
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