Question: Please include all the calculations 7. A thousand Dollars is invested for 18 months at an interest rate of 1.75% per month. a) What is

Please include all the calculations

7. A thousand Dollars is invested for 18 months at an interest rate of 1.75% per month. a) What is the yearly nominal interest rate? b) What is the yearly effective interest rate? c) If Compound quarterly, What is the effective interest rate? d) If Compound continuously; what is the effective interest rate

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