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1. Determine the number of periods and the rate per period for each of the following:Rate Compounded Years No. of Periods Rate per periodA. 5.8% Annually 8B. 3% Monthly 4C. 8% Semiannually 6D. 8.5% Quarterly 4E. 5.6% Semiannually 32. Compute the following compound amounts and compound interest.Principal Rate Compounded YearsA. $1400 6% Monthly 5B. $2500 5% Quarterly 4C. $5200 4% Semiannually 3D. $9000 7% Monthly 6E. $800 8% Quarterly 23. Find the total amount of interest and the balance after the quarter ended for the following:Opening Balance DepositA. $1000 on April 2 $200 on April 26$500 on May 3$600 on Dec. 3B. $1500 on Oct1 $ 900 on Nov 1$1000 on Nov. 20$600 on Dec 34. Compute the present value at compound interest using the data given. Also determine the amount of interest that will be earned before maturity.Maturity value Rate Compounded YearsA. $1400 5% Quarterly 5B. $40000 8% Semiannually 3C. $5200 6% Monthly 6D. $10000 7% Quarterly 2E $8700 5% Monthly 4

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