Question: 30 Calculate what interest rate, compounded quarterly, is equivalent to a 9.20% effective interest rate. The answer is close to: 08.8% 8.9% ) 9.5% )

30 Calculate what interest rate, compounded quarterly, is equivalent to a 9.20% effective interest rate. The answer is close to: 08.8% 8.9% ) 9.5% ) 9.6%

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