What is the nominal rate of interest convertible quarterly at which the discounted value (present value)of $15,000 due at the end of 186 months is $5000?
A)9.56%
B)7.39%
C)7.27%
D)7.15%

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The Answer of What is the nominal rate of interest convertible quarterly at which the discounted value (present value)of $15,000 due at the end of 186 months is $5000?
A)9.56%
B)7.39%
C)7.27%
D)7.15%

What Is the Nominal Rate of Interest Convertible Quarterly at Which