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If the effective annual interest rate is 15% then what is the equivalent annual rate compounded quarterly? (2 marks) If the stated annual rate of

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If the effective annual interest rate is 15% then what is the equivalent annual rate compounded quarterly? (2 marks) If the stated annual rate of interest compounded semi-annually is 12.5% then what is the equivalent monthly day rate compounded monthly days? (2 marks) If the stated annual rate of interest compounded annually is 8% then what is the equivalent annual rate compounded daily

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