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An interest rate is quoted as 15% per year compounded semi-annually. Determine the following: a) The interest rate per 6 months, compounded semi-annually b) The

An interest rate is quoted as 15% per year compounded semi-annually. Determine the following:

a) The interest rate per 6 months, compounded semi-annually

b) The interest rate per month, compounded monthly

c) The interest rate per day, compounded daily

d) The interest rate per year, compounded monthly

e) The interest rate per year, compounded daily

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