What is the effective interest rate corresponding to a nominal annual rate of: (Do not...
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What is the effective interest rate corresponding to a nominal annual rate of: (Do not round the intermediate calculations. Round your percentage answers to 2 decimal places.) a. 7.5% compounded semiannually? The effective interest rate % b. 7.5% compounded quarterly? The effective interest rate % c. 7.5% compounded monthly?
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