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(3pts) Let rm be the interest rate with m compoundings per year, for example, m= 12 means monthly compounding. Convert a simple (add-on) Act/360 rate,

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(3pts) Let rm be the interest rate with m compoundings per year, for example, m= 12 means monthly compounding. Convert a simple (add-on) Act/360 rate, r to a simple (add-on) Act/365 rate, r2. (3pts) Let rm be the interest rate with m compoundings per year, for example, m= 12 means monthly compounding. Convert a simple (add-on) Act/360 rate, r to a simple (add-on) Act/365 rate, r2

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