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need the answer in 30 minutes Calculate the effective interest rate for each of the following nominal interest rates: a. 4.77% compounded quarterly 2.40% 4.86%

need the answer in 30 minutes

Calculate the effective interest rate for each of the following nominal interest rates: a. 4.77% compounded quarterly 2.40% 4.86% 15.29% 5.46% b. 4.77% compounded monthly 4.88% O 1.60%

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