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Find the effective rate of interest corresponding to a nominal rate of 12%/year compounded in the following ways. (Round your answers to two decimal places.)

Find the effective rate of interest corresponding to a nominal rate of 12%/year compounded in the following ways. (Round your answers to two decimal places.) (a) compounded annually 12 (b) compounded semiannually (c) compounded quarterly (d) compounded monthly

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