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1. If the Nominal interest rate is 6.2%, and the Real rate of inter est is 5.1%, what must the inflation rate be.

2. A bank offers an account that pays an APR of 4.3% with weekly compounding.

a) What is the effective annual rate of the account?

b) What would the effective annual rate of the account be if it paid continuous compounding?

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92743798

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