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Answer all the parts please Find the interest rates in the following situations. a. APR=7%, compounded monthly. Find the effective annual interest rate. b. Nominal

Answer all the parts please
Find the interest rates in the following situations. a. APR=7%, compounded monthly. Find the effective annual interest rate. b. Nominal rate is 8% compounded quarterly. Find the effective semi-annual rate. c. The effective annual interest rate is 11.82% and compounding is monthly. Find the nominal interest rate. d. r=6% and compounding is monthly. Find the effective quarterly interest rate. a. The effective annual interest rate is \%. (Round to one decimal place.)

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