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5. Use an effective rate of interest of 4% for the following: 5.1. Calculate an equivalent...

5. Use an effective rate of interest of 4% for the following:
5.1. Calculate an equivalent nominal rate of interest (choose your own compounding period)

5.2. Using the equivalent nominal rate of interest from part 5.1 calculate the amount at

time t, A(t), for t = 0-40 assuming $1 is invested

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