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compounded intrest Calculate the following: a. What interest rate compounded monthly is equivalent to 3.5% compounded quarterly? % Round to two decimal places b. What

compounded intrest

Calculate the following: a. What interest rate compounded monthly is equivalent to 3.5% compounded quarterly? % Round to two decimal places b. What interest rate compounded semi-annually is equivalent to 4.5% compounded monthly? %

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