Calculate the number of compounding periods per payment period,

c, expressed as a fraction, wherever applicable, and the equivalent periodic interest rate per payment period (rounded to six decimal places, wherever applicable) that matches the payment period for each of the following:

a. Interest rate is 5% compounded quarterly; payment period is semi-annually.

b. Interest rate is 4.2% compounded daily; payment period is monthly. C. Interest rate is 4.8% compounded monthly; payment period is semi-annually.

d. Interest rate is 4.9 % compounded semi-annually; payment period is quarterly.

AppendixLO1