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1 point You can compute a periodic interest rate by dividing an annual rate by the number of periods per year. If an annual rate

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1 point You can compute a periodic interest rate by dividing an annual rate by the number of periods per year. If an annual rate is 10.3%, what is the corresponding quarterly periodic rate? Enter your answer as a decimal and show 4 decimal places. For example, if your answer is 6.5%, enter .0650

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