Question: Hi, I do not understand how to solve this question. What is the effective interest rate here? if rm/2, m=2, the answer is different.Please explain

Hi, I do not understand how to solve this question. What

Hi, I do not understand how to solve this question. What is the effective interest rate here? if rm/2, m=2, the answer is different.Please explain it to me.

How much you should pay to the deposit if you can withdraw 2000$ afeer 6 months? The interest rate is 8% wEth continous compunding method? effective interest rate ref=(1+1rm)1.re=0.08k=1921.FV=kert2000=ke0.08.1/2

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