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a. Nominal interest rate compounded quarterly that is equivalent to an effective interest rate of 4.5% % Round to two decimal places b. Nominal interest
a. Nominal interest rate compounded quarterly that is equivalent to an effective interest rate of 4.5% % Round to two decimal places b. Nominal interest rate compounded monthly that is equivalent to 8% compounded quarterly % Round to two decimal places c. Nominal interest rate compounded semi-annually that is equivalent to 7.5% compounded annually % Round to two decimal places
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