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Calculate the effective rate of interest for the first year, if the rate of interest is 1 6 . 1 % p . a .

Calculate the effective rate of interest for the first year, if the rate of interest is 16.1% p.a. compounded semiannually? (rounding the answer to 6 significant decimal figures)
a.0.167480
b.0.161616
c.0.181523
d.0.170984
e.0.173428
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