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Calculate the Nominal Interest Rate, the Interest Rate per Compounding Period and the Effective Annual Interest Rate for the following problems: 1. A Bank is

Calculate the Nominal Interest Rate, the Interest Rate per Compounding Period and the Effective Annual Interest Rate for the following problems: 1. A Bank is offering a saving account at 3% compounded monthly. 2.A Credit Card company says their card charges an APY of 8.5619% compounded quarterly. 3.Nomani wants to earn 0.25% per week.

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