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How is the quarterly and monthly rate found on the first line? I need procedure 11. Rate conversion practice: Find the equivalent rates expressed with

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How is the quarterly and monthly rate found on the first line? I need procedure

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11. Rate conversion practice: Find the equivalent rates expressed with different compounding frequencies. Monthly Quarterly Semi-Annually Annually 7.7208 7.7706 7.8461 8% 5.3402 5.3640 5.4% 5.4729 10.9007 11% 11.1513 11.4621 12% 12.1204 12.3040 12.6825

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