Please answer all letters.

a. Sbx months Your bank is offering you an account that will pay 18% interest (an effective two-year rato) in total for a two year deposit Determine the equivalent discount rate for the following perio b. One year (Note: Be careful not to round any intermediate stops less than six decimal places) c. One month a. Six months The equivalent discount rate for a period length of six months is % (Round to two decimal places)