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One bank offers you 6% Interest compounded quarterly. What would the equivalent rate be if interest were compounded semiannually? A 6.1364 B. 3.0150% Answer can

One bank offers you 6% Interest compounded quarterly. What would the equivalent rate be if interest were compounded semiannually? A 6.1364 B. 3.0150% Answer can not be found. 06.0450 E 6.16786

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