[Solved] Q4. Aussie Bani: advertises an interest r

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Q4. Aussie Bani: advertises an interest rate of 12915 p.a. This is sailed the Neminal interest rate. What is the Effective Interest rate if the

Q4. Aussie Bani: advertises an interest rate of 12915 p.a. This is sailed the Neminal interest rate. What is the Effective Interest rate if the interest is compounded: {a1 Annually? Using Sharp EL-TSE 12.01159 {b} SemiannUally? _ {E} Quarterly? 12.55% {:1} Monthly? 12.63%

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