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An investor is trying to determine the proper interest rate to apply to an account. The account pays 4.68% APR with monthly compounding. However, the

An investor is trying to determine the proper interest rate to apply to an account. The account pays 4.68% APR with monthly compounding. However, the payments on the account are once per quarter or once every three months. What quarterly rate should we apply to the payments on the account?

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