Compute Effective Annual Rates The effective annual rate is the interest rate that would be required on an annual basis to generate the same future value as the rate being compounded two or more times per year. Compute the effective annual rate of interest for each of the following: Do not include the percent sign, "%", in your answers. a.) 11.4% p.a. compounded semi-annually Correct to exactly 4 decimal places. b.) 10.4% p.a. compounded quarterly Correct to exactly 4 decimal places. c.) 3.9% p.a. compounded monthly Correct to exactly 4 decimal places. d.) 5.5% p.a. compounded bi-weekly Correct to exactly 4 decimal places. e.) 2.8% p.a. compounded daily Correct to exactly 4 decimal places. 1.) 9.3% p.a. compounded weekly Correct to exactly 4 decimal places