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oa5 q1 Find the nominal interest rate for each of the following investments....

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Accounting

oa5 q1

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Find the nominal interest rate for each of the following investments. Round the answers to two decimal places Term Principal Nominal Interest Rate Maturity Value Compounding Frequency annually 1. $13,150 0.00 % 8 years $16,525 2. $12,000 semi-annually 12 years $16,000 0.00 % 3. $26,650 quarterly 0.00 % 4 years and 9 $37,750 months 4. $24,000 monthly 0.00 % 5 years and 8 $30,500 months

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