Problem 9.3 that $100 is deposited into a savings account, earning at a discount of 0.15% biweekly, at the beginning of year 2006. rate (a) Find the nominal annual discount rate. (b) Find the effective annual discount rate. (c) Find the amount of interest generated during the year (d) Find the equivalent effective annual interest rate. (e) Find the equivalent nominal annual interest rate, convertible monthly. .1 2039.89 9.2 0.15378 9.3 (a) 3.9% (b) 3.83% (c) $3.98 (d) 3.98% (e) 3.91%