18. If the single payment amount factor for a period of 5 years is 1.33822, what is the nominal rate of interest? • A. 6.00% • B. 7.00% • C. 6.92% • D.7.92% 19. What is the effective rate of interest if it is compounded semi-annually of problem no. 18? • A. 5.00% B. 7.24% • C. 6.92% • D. 6.09% 20. What is the equivalent nominal rate if it is compounded quarterly of problem no. 18? • A. 6.12% • B. 4.24% C. 5.43% • D.5.87%

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