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I. Fill in the blanks to make the statements true.1. In finding the total number of conversion period you will multiply by 2. To get the rate of interest for each conversion period the annual rate of interest will be by the frequency of conversion.3. The formula in getting the compound interest given the present value and maturity value is 4. The formula in getting the present value in a compound interest environment is 5. The formula is used to get the maturity value in a compound interest e
I. Fill in the blanks to make the statements true.1. In finding the to…
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