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1. What is the future value of $100 after 3 years under
a. 10 percent annual compounding?
b. 10 percent semiannual compounding?
c. 10 percent quarterly compounding?
d. 10 percent monthly compounding?
e. 10 percent daily compounding?
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2. What is the EAR for a nominal rate of 12 percent
a compounded semiannually
b compounded quarterly
c compounded monthly
d compounded daily
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