Given i$(26)=6\mathrm{.}375\%,$ find the equivalent nominal interest rate compounded monthly.

Question $2$Answer

a$.$

$6\mathrm{.}512\%$

b$.$

$6\mathrm{.}448\%$

c$.$

$6\mathrm{.}639\%$

d$.$

$6\mathrm{.}767\%$

e$.$

$6\mathrm{.}384\%$