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Q 9 . a . Nominal interest rate compounded quarterly that is equivalent to an effective interest rate of 4 . 5 % % Round

Q9.
a. Nominal interest rate compounded quarterly that is equivalent to an effective interest rate of 4.5%
%
Round to two decimal places
b. Nominal interest rate compounded monthly that is equivalent to 3.5% compounded quarterly
%
Round to two decimal places
c. Nominal interest rate compounded semi-annually that is equivalent to 7.5% compounded annually
%
Round to two decimal places
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