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A credit institute quotes you an interest rate of 30% per annum with quarterly compounding. What is the equivalent rate with (a) continuous compounding and

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A credit institute quotes you an interest rate of 30% per annum with quarterly compounding. What is the equivalent rate with (a) continuous compounding and (b) annual compounding?

A credit institute quotes you an interest rate of 30% per annum with quarterly compounding. What is the equivalent rate with (a) continuous compounding and (b) annual compounding

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