Question: Instructions: Complete the following problems using either a financial calculator or a spreadsheet program.Do not use interim rounding,state your answers as positive values,to two decimal

Instructions: Complete the following problems using either a financial calculator or a spreadsheet program.Do not use interim rounding,state your answers as positive values,to two decimal places for dollar or periodvalues and four places for percentages stated as decimals; do notlabel answers withsymbols such as $ or %.For example, 10.5% should be input as .1050.

Aninvestment with weekly compounding has a nominal rate of 0.1441. The effective rate is:

*Please read the instructions carefully on Interim rounding*

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