An amount of P1,000 becomes P1,608.44 after 4 years compounded bimonthly. Find the nominal interest? January 21, 2019 – by admin An amount of P1,000 becomes P1,608.44 after 4 years compounded bimonthly. Find the nominal interest? A. 11.89 % B. 12.00 % C. 12.08 % D. 12.32 %