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Please write the effective rate of interest formula and show which of the following bank deposit option has more return, while the annual(simple) rate of

Please write the effective rate of interest formula and show which of the following bank deposit option has more return, while the annual(simple) rate of interest is %12? (you don't have to calculate the exact number for each, just explain the intution behind it)

a) Semi-annual compounding per year

b) Quarterly compounding per year

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