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Calculate the effective rates for each of the following nominal rates, and fill in the values in boxes #1 and #2 respectively, as Percentages to

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Calculate the effective rates for each of the following nominal rates, and fill in the values in boxes #1 and #2 respectively, as Percentages to 2 decimal places accuracy. Indicate in box #3 which would be the better rate if you were saving for retirement (just write in 1 or 2)? 1) 4.3% compounded quarterly 2) 4.35% compounded semi-annually Blank # 1 AJ Blank #2 AJ Blank # 3

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