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Determine the periodic interest rate for a nominal interest rate of 4.8% compounded: (Round your answers to one decimal place.) a. Semiannually. % per half-year
Determine the periodic interest rate for a nominal interest rate of 4.8% compounded: (Round your answers to one decimal place.) a. Semiannually. % per half-year b. Quarterly. % per quarter c. Monthly % per month
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