Question: suppose that d^2 - d = .00107584. Find i^3 -i. I believe that d^2 is the nominal discount rate and d is the annual effective

suppose that d^2 - d = .00107584. Find i^3 -i.

I believe that d^2 is the nominal discount rate and d is the annual effective discount rate.

Also d^2 is the nominal interest rate and i is the annual effective interest rate.

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