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Nominal (or quoted) rate, the periodic rate, and the effective annual rate. 3.10. How are the nominal rate, the periodic rate, and the effective annual

Nominal (or quoted) rate, the periodic rate, and the effective annual rate.

3.10. How are the nominal rate, the periodic rate, and the effective annual rate related?

3.11. What is the one situation where all three of these rates will be the same?

3.12. Which rate should be shown on time lines and used in calculations?

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