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BankOne quotes you a deposit interest rate of 18% (APR12, annual rate stated with monthly compounding frequency, e.g. proportional interest payment paid monthly). What is

BankOne quotes you a deposit interest rate of 18% (APR12, annual rate stated with monthly compounding frequency, e.g. proportional interest payment paid monthly). What is the BankOne's rate expressed as annual effective rate (AER, EAR) ?

If BankTwo pays interest quarterly, what interest rate (APR4, ann. rate stated with comp. freq. 4-times per year) do they have to quote you to make you indifferent between these bank deposit account offers?

Calculate the above interest rate(s) in terms of the annual rate expressed with continuous compounding !

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