Question 1 1 pts Let time be counted in years. If we have the force of interest 7% p.a., what is the nominal interest rate per annum convertible quarterly? Remark: You need to give the answer with two decimal places accuracy in %. For example, if you computed 2.4572% then 2.46, 2.457 and 2.4572 are all valid answers. But 2.45 is not because they result wasn't rounded correctly. Also, do not enter the percent sign %