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Abank pays 6.5% compounded semiannually on certain types of deposits, It interest is compounded quarterly, what nominal rate of interest will maintain the same effective

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Abank pays 6.5% compounded semiannually on certain types of deposits, It interest is compounded quarterly, what nominal rate of interest will maintain the same effective rate J of interest? E) The nominal rate of interest is [1%. (Round the nal answer to four decimal places as needed Round all intermediate values to six decimal places as needed.)

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