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Q 9 . a . Nominal interest rate compounded quarterly that is equivalent to an effective interest rate of 4 . 5 % % Round
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a Nominal interest rate compounded quarterly that is equivalent to an effective interest rate of
Round to two decimal places
b Nominal interest rate compounded monthly that is equivalent to compounded quarterly
Round to two decimal places
c Nominal interest rate compounded semiannually that is equivalent to compounded annually
Round to two decimal places
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