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FINANCIAL MATHEMATICS Please provide and explain how to calculate and get the answer exactly like this, using excel! If you can't give the exact answer

FINANCIAL MATHEMATICS

Please provide and explain how to calculate and get the answer exactly like this, using excel!

If you can't give the exact answer i want to prove (answer I've already mentioned), please don't answer this question.

Answer: 8.77%

Question :

1. The semiannually-compounded discount rate (d2) which is equivalent to an interest rate of 9% p.a. monthly compounded (j12 is 9%) is ?

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