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Convert 6.41% compounded quarterly to an equivalent interest rate compounded semi-annually. Round EFF to four decimal places , round NOM (2) to two decimal places
Convert 6.41% compounded quarterly to an equivalent interest rate compounded semi-annually. Round EFF to four decimal places, round NOM (2) to two decimal places.
NOM (1) = | % | C/Y (1) = | |||
EFF = | % (4 decimal places) | ||||
NOM (2) = | % | C/Y (2) = |
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