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Convert a nominal annual rate of interest of 4.4% compounded 4 times pear year into a nominal annual rate of discount compounded 2 times per
Convert a nominal annual rate of interest of 4.4% compounded 4 times pear year into a nominal annual rate of discount compounded 2 times per year. Write your answer as a decimal to four significant digits.for example, an answer of 8.237% would be entered as 0.08237.
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