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An interest rate is quoted as 3.75% per year compounded quarterly. a) What is the effective quarterly rate? b) What is the effective annual rate?

An interest rate is quoted as 3.75% per year compounded quarterly.

a) What is the effective quarterly rate?

b) What is the effective annual rate?

c) What is the effective semi-annual rate?

d) What is the rate per year compounded semi-annually?

e) What is the effective weekly rate?

f) What is the effective daily rate?

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