Question: PLEASE SHOW ME THE FORMELLA AND THE STEPS Question 9 Mark The nominal interest rate compounded quarterly, (4) is 6%. Let i be the annual

PLEASE SHOW ME THE FORMELLA AND THE STEPS

Question 9 Mark The nominal interest rate compounded quarterly, (4) is 6%. Let i be the annual effective interest rate, d be the annual effective discount rate, d(12) be the nominal discount rate compounded monthly and & be the annual constant force of interest. Calculate i + 2d + 3d(12) + 48. A 59.14% B 59.34% 59.54% 59.74% Question 9 Mark The nominal interest rate compounded quarterly, (4) is 6%. Let i be the annual effective interest rate, d be the annual effective discount rate, d(12) be the nominal discount rate compounded monthly and & be the annual constant force of interest. Calculate i + 2d + 3d(12) + 48. A 59.14% B 59.34% 59.54% 59.74%

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