Question: If compounding is semi-annually, what nominal rate will make the following values of P and F equivalent for the values of n as shown below?

If compounding is semi-annually, what nominal rate will make the following values of P and F equivalent for the values of n as shown below?

P = 539,184 pesos; F = 3,207,726 pesos; n = 17 years

Note: The answer must be expressed in whole number.

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