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Determine the periodic interest rate for a nominal interest rate of 6.3% compounded:(Round your answers to 2 decimal places.) a . Semiannually . i =
Determine the periodic interest rate for a nominal interest rate of 6.3% compounded:(Round your answers to 2 decimal places.)
a. Semiannually.
i = _________% per half-year
b. Quarterly.
i =_________ % per quarter
c. Monthly.
i =_________ % per month
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